7379 County Road 401
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 |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | Listed by Navasota Realty | $300,000 | |
| Listed by Navasota Realty | |||
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This 4.028 Acre property is located in a beautiful area on the corner of FM 3090 and CR 401. Graced with scattered trees and green pasture. There is a really cute 500+ SF Barndo plus a 240 SF tiny home with a 468 SF pavilion, 432 SF storage or work shop building with two water wells. The driveway currently enters from CR 401 with approximately 400 feet fronting FM 3090 and approximately 400 Feet fronting CR 401. There is a fenced-in dog yard and other pasture fences. The partition fence will have to be built between the new owners. This property offers great possibilities with road frontage on Fm 3090 and CR 401. This is a wonderful place to build your dream home or just enjoy weekends in the country. The tiny home would make a great BNB.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017