616 County Road 4023
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 11, 2026 | Listed by Keller Williams Realty Metropolitan | $75,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Sep 9, 2026 | Price Decreased |
$79,000
↓ $900
(1.1%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Keller Williams Realty Metropolitan | $79,900 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Build-ready 0.5536-acre cleared lot in the Woodcreek subdivision! This property offers multiple possibilities, whether you’re looking to build a custom home, place a manufactured home, or use it for an RV (subject to applicable restrictions and county requirements). The property includes a completed septic permit with approved septic plans, saving valuable time during the building process. Modern farmhouse plans (approximately 1,797 SF, 3 bedrooms, 2 bathrooms) are also available. Community water is available through Woodcreek for approximately $55/month with unlimited usage. Located next to a beautiful newly constructed DXJ Home and just minutes from Mont Belvieu, H-E-B, Eagle Pointe Golf Club, schools, dining, and shopping, while enjoying low Liberty County taxes. Don’t miss this opportunity to own a ready-to-build homesite in a rapidly growing area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017