8211 Clark Road
About This Property
Other highlights include: no HOA fees; no MUD; new survey available; room to breathe; star gazing without intense light pollution. Bring your own builder or contract Foxworth Construction & Remodeling which owns plans designed to fit this land.
NOTE: 8219 Clark is also for sale and can be purchased for a combined total of 5.06 Acres.
The community also benefits from the Texas Department of Transportation projects on FM 1774 between Pinehurst and Magnolia which will widen and enhance the roadway.
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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 |
|---|---|---|---|
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Sep 10, 2018 | Listed by Horizon Realty | $79,000 | |
| Listed by Horizon Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017