768 County Road 4940
About This Property
approx. 20 to 22 ac. Soil Conservation Lake, with good fishing, deer, duck, and dove hunting, one pond, and creeks. Fenced for
cattle and cross fenced. No cattle are currently on the property. There are lots of trees and also open land if you want to raise some
hay of your own. 2 to 3 cuts of hay a year are being cut at this time. There is an older double wide, which is rented, and a 4 car
garage with storage area. The property has one water meter, electrical and septic. There are several fresh water wells. Come see
this property today!
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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 |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2020 | Listed by Coldwell Banker Realty Plano | $1,273,000 | |
| Listed by Coldwell Banker Realty Plano | |||
| | |||
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Have you ever wanted to own your own lake? This is your chance, 134 plus or minus acres of rolling terrain ranch land with
approx. 20 to 22 ac. Soil Conservation Lake, with good fishing, deer, duck, and dove hunting, one pond, and creeks. Fenced for
cattle and cross fenced. No cattle are currently on the property. There are lots of trees and also open land if you want to raise some
hay of your own. 2 to 3 cuts of hay a year are being cut at this time. There is an older double wide, which is rented, and a 4 car
garage with storage area. The property has one water meter, electrical and septic. There are several fresh water wells. Come see
this property today!
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14439651
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017