6990 Cr 246
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 3, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Coleman & Patterson, LLC | $757,000 | |
| Listed by Coleman & Patterson, LLC | |||
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Come escape to a beautiful 109.8± acre ranch The property is located on a well-maintained County Road with minimal traffic and water and power access at the road. The ranch consists of several mature oak trees with a healthy mix of mesquite trees allowing for shade and wildlife habitation. There is a gradual climb in elevation throughout the entire ranch allowing for great views and home sites. There are two stock tanks with berms that catch water throughout the property leaving the tanks full of water year-round, this is in addition to a seasonal creek. The soil consists of a sandy loam with older cultivated fields that can be planted with minimal effort. For wildlife enthusiasts there are healthy populations of whitetail deer, hogs, turkey, and dove. There are beautiful views that allow you to look out over miles of Texas Hill Country. There is good net fence line on three sides and 6 strand barbed wire on the south side
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017