6299 Old Spanish Trail
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 |
|---|---|---|---|
| Jan 19, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Cedar Frame, LLC | $219,500 | |
| Listed by Cedar Frame, LLC | |||
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Located 3 miles from Lake Bryan and 13 miles from Kyle Field, this quiet escape allows for privacy and space while maintaining proximity to fun activities in and around Aggieland. The property is fully-fenced with pipe front and can be accessed using an automatic gate. Beautiful, mature trees, lush grass, and a pond with pier highlight the outdoor area. Everything you need is there, with utilities in place, internet available, cabin with full kitchen and bathroom, 1700 sq ft shop/RV barn with living quarters and a covered porch, new, 14' x 24' shed and 2 storage buildings with washer and dryer. Or, take advantage of the spacious, 3.1 acres to build your dream home or barndominium.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017