7705 County Road 342
About This Property
The house has some deferred maintenance and needs TLC, but this is a great opportunity for someone willing to put in some work to create significant value. With the right improvements, the property offers excellent potential as a primary residence, country retreat, or investment.
Schedule your private showing 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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Karen Davis Properties | $299,900 | |
| Listed by Karen Davis Properties | |||
| Jan 18, 2026 | No longer available | - | |
| No longer available | |||
| Oct 28, 2025 | Price Decreased |
$555,000
↓ $44K
(7.4%) | |
| Price Decreased | |||
| Feb 11, 2025 | Listed by Coldwell Banker Properties Unlimited | $599,000 | |
| Listed by Coldwell Banker Properties Unlimited | |||
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New Listing in Milano, Texas- 14.1 Unrestricted Acres of Country Living with Stunning Features! Welcome to this exceptional 14.1-acre property in beautiful Milano, Texas! This property offers an abundance of space, natural beauty, and versatile amenities for anyone seeking peaceful country living. The land boasts a serene 18-foot deep pond and a charming spring creek, providing a tranquil setting.
The main residence is a 3-bedroom, 2-bathroom home with a versatile second-story loft that can be transformed into a personalized flex space. The property also includes two mobile homes, each with its own septic and electric meters. Additional property details include numerous fenced garden areas, multiple storage and feed sheds, a poultry coop, and its own wifi tower.
Whether you’re seeking a peaceful getaway or an unrestricted property with endless potential, this beautiful country retreat offers something for everyone! Schedule a showing today and make this slice of Texas paradise yours!
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| Oct 13, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017