7246 Green Hills Road
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 |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2023 | Listed by Nolan Properties LLC | $275,000 | |
| Listed by Nolan Properties LLC | |||
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Nestled just 10 minutes north of Longview, 15 minutes south of Gilmer, and a scenic 45-minute drive from Tyler, this EastTexas gem offers a unique blend of serenity and convenience. Situated on 10 acres of wooded terrain adorned with a harmonious mixture of hardwoods and pine, this property is a haven for wildlife enthusiasts and nature lovers. The charming home features two bedrooms, each accompanied by en-suite bathrooms for ultimate comfort and privacy. The master bedroom is a retreat of its own, complete with a spacious bathroom, an oversized walk-in closet, and direct access to a welcoming deck. Sip your morning coffee, watch the sunset, and relish the privacy this property affords. The property was completely renovated and updated with a 600-sf addition added on to the original structure. The heart of this home is the large kitchen, boasting an abundance of cabinets and counter space. A convenient mudroom area greets you at the entrance, whilethe well-appointed laundry room features ample storage. The living area opens onto an expansive open deck, ideal for relaxation and entertaining. Working from home is a breeze with the dedicated office space, which is equipped with built-in cabinets and plenty of workspace. Step outside to find a covered porch and a stone patio, providing additional spaces to savorthe outdoors. The property offers a private drive, ensuring seclusion and peace. For those who enjoy DIY projects or need space for hobbies, a workshop with power, water, and air conditioning awaits, complete with an attached carport. Green thumbs will appreciate the garden area, conveniently located near the workshop, greenhouse, and chicken coop, all of which have easy access to power and water. This property is a rare find, combining the tranquility of East Texas with the comforts of a thoughtfully designed home and ample outdoor amenities. Whether you're seeking a private retreat, a nature lover's paradise, or a perfect blend of work and play.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017