7754 Stokes RD
About This Property
The topography offers a gradual 50-foot elevation change and is loaded with mature hardwoods. In the middle of the property is a 7+/- acre field that is ideal for a food plot or improved grasses. A 2+/- acre lake offers fishing opportunities. The combination of views, lake, trees, and field give the property lots of character. This unrestricted ranch has a well and electricity to the property. In addition, there is a waterline running down Stokes Road. Whether you're seeking a private getaway or the perfect place to build your dream home, The Lake at Chappell Hill is a rare opportunity to own a slice of Texas beauty.
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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 |
|---|---|---|---|
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$1,250,000
↓ $75K
(5.7%) | |
| Price Decreased | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| May 11, 2024 | Listed by Texas Ranch Brokers LLC | $1,325,000 | |
| Listed by Texas Ranch Brokers LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017