TBD Lot 618 & 640B Beaver Creek Road
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2021 | Listed by Oro Realty | $45,750 | |
| Listed by Oro Realty | |||
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Two huge lots in Beaver Creek Subdivision with a combined total of approximately 2.31 acres of undeveloped land just waiting to be carved into the home place of your dreams. These two lots have 288 feet of frontage on South Swan Lake and Beaver Creek Road and join together at the back of the properties. There is electric service at the road frontage but these lots will require a water well and septic. Beaver Creek is a rural subdivision in Burleson County just a short 25 minute drive to Bryan/College Station and about 35 minutes to Brenham. Spend your weekends fishing at one of the private lakes in the subdivision or take a short drive to Lake Somerville. Beaver Creek has an active HOA, Volunteer Fire Department and light deed restrictions but mobile homes are allowed.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 5899898
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017