6817 County Road 289
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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Feb 10, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2023 | Listed by Sage Real Estate | $370,900 | |
| Listed by Sage Real Estate | |||
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Here's the serene and picturesque country property you've been waiting for! 10 beautiful acres filled with a huge variety of trees and a pond set up for recreation or relaxation. Already a perfect weekend getaway, the house offers great potential for customization with the possibility of additional bedrooms simply by adding a few interior walls. The upstairs loft makes an ideal second living area or game room. Step out onto the large balcony and take in your expansive views. Irrigation system with automatic watering controls is in place for an orchard or gardens. Potential for ag-exemption to save big on property taxes (not currently in place). The roof was replaced in 2019 and the foundation has been repaired, both with transferable warranties. Lean-to shed for equipment storage. Bring your animals or just come enjoy the quiet surroundings in your own little piece of the country. Don't miss this opportunity to own a piece of Texas with endless potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017