7782 County Road 1228
About This Property
Enjoy plenty of room to roam and peaceful country living with wide open space and natural surroundings. With no deed restrictions, mobile homes are welcome, providing flexibility for a variety of uses. Seller is willing to subdivide.
Please access the property via CR 1228. Adjacent land is not owned by the seller.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Listed by Living Well Real Estate Services | $450,000 | |
| Listed by Living Well Real Estate Services | |||
| Feb 21, 2026 | No longer available | - | |
| No longer available | |||
| May 11, 2025 | Price Decreased |
$450,000
↓ $225K
(33.3%) | |
| Price Decreased | |||
| Feb 20, 2025 | Listed by Living Well Real Estate Services | $675,000 | |
| Listed by Living Well Real Estate Services | |||
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This listing offers a versatile 15.18-acre parcel in Godly, Texas. The pond makes it ideally suited for cattle operations,
building your new home, or exploring various development opportunities, making it a promising investment with endless possibilities. There are not any deed restrictions mobile homes welcome. Seller is willing to Sub divide. Please enter property on CR 1228, the land beside the acreage does not belong to seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017