658 Unrestricted Cleveland County Road 2255
About This Property
Improvements Include New Oak Kitchen Cabinets, New Counters, New Samsung Stove, New Back Door and Frame, Freshly Serviced AC with New Coils, Lines and Refrigerant, New Water Well Pump and Tank.
Home is Situated at the End of a Secluded Road for Maximum Privacy. Property also Backs thee Piney Woods Preserve for Even More Privacy. This Property Comes with all the Joys of Being out in the Country, While Being Less than 15 miles from Shopping and Restaurants in Cleveland, TX.
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Cap Rate Calculator
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 1, 2023 | Sold | ||
| Sold | |||
| Feb 22, 2023 | Listed by Walzel Properties | $180,000 | |
| Listed by Walzel Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017