7178 County Road 1204
About This Property
The property features access to electricity and includes a water meter already in place, making it even easier to bring your vision to life. An Agriculture Exemption is currently in place, offering added value and potential tax benefits.
Whether you are looking to build a custom home, establish a private getaway, or create a small residential development, this land offers endless potential. Enjoy the charm and tranquility of country living while still having the convenience of utilities available and plenty of space to spread out.
No manufactured homes permitted.
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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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Increased |
$325,000
↑ $75K
(30%) | |
| Price Increased | |||
| Oct 19, 2025 | Listed by We Sell Texas | $250,000 | |
| Listed by We Sell Texas | |||
| Jun 6, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017