654 VZ COUNTY ROAD 2704
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 |
|---|---|---|---|
| May 2, 2025 | No longer available | - | |
| No longer available | |||
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by KW-Cedar Creek Lake Properties | $299,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
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This property offers a wonderful opportunity to settle down and fulfill your dreams. Featuring a charming barn-style home with 1,400 square feet of living space, it boasts high ceilings and abundant natural light, all within an open floor plan. The expansive kitchen, complete with a built-in island and ample storage and counter space, flows seamlessly into the dining and living areas. The fireplace serves as a cozy centerpiece for the home. The spacious master bedroom includes an en-suite bathroom with an inviting walk-in shower and separate vanities. The home offers two bedrooms and one and a half bathrooms, along with a large laundry or mudroom. Situated near the center of the property, which is fully fenced, there is still plenty of room to explore. Additional features include a storage building with electricity and a workshop, which are perfect for getting started on various projects. This property is a unique find at this price and is likely to sell quickly. Located in the Mabank Independent School District, it offers easy access to shopping and convenient road travel. There are no known restrictions, and it is friendly to animals.
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| Jan 11, 2025 | Price Decreased |
$299,000
↓ $20K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017