6735 County Road 118
About This Property
So much remodeling has been done you will think you have walked into a new home. Carpet and flooring has been recently replaced. The open concept living allows you to be together no matter what activity is going on. Then the 5 acres allows you to have the animals you want and there is an out building to help shelter them.
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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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$355,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 23, 2025 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by Decorative Real Estate | $370,000 | |
| Listed by Decorative Real Estate | |||
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Discover the perfect blend of rural charm and a fully remodeled doublewide home sitting in beautiful 5-acres nestled in Kaufman county. Whether you're looking to have some animals, start a small farm or invest in land with long term potential, this unrestricted property offers endless possibilities. Schedule your home tour today!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017