618 Hwy 2731
About This Property
two scenic tanks, including a larger tank stocked for fishing. A good-sized storage shed, covered equipment parking, and a storm cellar provide even more versatility. Offering the perfect blend of peaceful country living, functionality, and wide-open Texas beauty, this exceptional property is ready to welcome its next owners.
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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 4, 2026 | Price Decreased |
$649,999
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by Randy White Real Estate Svcs | $675,000 | |
| Listed by Randy White Real Estate Svcs | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017