737 E Sandusky Road
About This Property
for your dream country homestead, Horse or Cattle Ranch or Hobby Farm. The property is fully fenced with cross-fencing
and frontage road access. Blacktop road access all the way to the property. Electricity is available at the street. Lot
boundaries offer multiple areas for a structure or home to be built maximizing pasture and privacy opportunities. to be
added Just 10 minutes from Lake Texoma and only 15 minutes from town. Easy access to Gainesville (west) or
Sherman (East). Approx. 12.4 Acres. Seller has already ordered survey and will be available by closing. NO FLOOD ZONE!
There are two 12-acre parcels, or you can buy the whole 25 acres.
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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 19, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Jun 1, 2024 | Delisted | - | |
| Delisted | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Jay Marks Real Estate | $347,200 | |
| Listed by Jay Marks Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017