6171 Shine Branch RD
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 |
|---|---|---|---|
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2023 | Listed by KELLER WILLIAMS ADVANTAGE | $799,000 | |
| Listed by KELLER WILLIAMS ADVANTAGE | |||
| Jul 28, 2023 | No longer available | - | |
| No longer available | |||
| Jul 11, 2023 | Price Decreased |
$950,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jun 27, 2023 | Listed by Vista Real Estate | $970,000 | |
| Listed by Vista Real Estate | |||
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Welcome to the idyllic Troy Texas Living! If you've been yearning for a serene countryside retreat with abundant space for horses, your search ends here. Nestled on a sprawling 22+ acre plot, this rustic 4-bedroom, 2-bathroom home enjoys an agricultural exemption and is located in the esteemed Troy school district. Inside, the main house boasts delightful stained concrete floors, elegant granite countertops, a cozy wood-burning fireplace, and even a secure 8x10 walk-in gun safe. The property itself is a harmonious blend of native pasture and wooded areas, complete with a meandering creek and inviting ATV trails to explore at your leisure. For the shooting enthusiasts, a 10-foot tall berm acts as a perfect backstop, ensuring safe and enjoyable target practice. A stocked tank brimming with eager channel catfish awaits fishing enthusiasts as well. Beyond the main residence lies a generously-sized, insulated 40x60 shop featuring three bay doors, accompanied by a fully functional 900-square-foot guest house. Adjoining the shop is an 18x60 lean-to, offering ample storage for your boat, ATVs, and tractor. Such exceptional properties are a rarity, and this one is no exception. Situated just 15 minutes from Temple and the picturesque Lake Belton, a mere 20 minutes from vibrant Waco, and a convenient one-hour drive from Austin, this home epitomizes the countryside dream you've longed for. Waste no time and transform your dreams into reality by making this remarkable property your own! The manager has listed the unit size as 2398 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017