21
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824 County Road 451
About This Property
The property features a 50x30 metal building-ideal for equipment, tools, storage, or workshop space while you plan your future build. Electricity is available, water is available at the street, and a septic system will be needed.
Whether you're looking for a quiet homestead, investment opportunity, or a place to enjoy wide open Texas skies, this property offers flexibility and potential. Enjoy country living while still being within convenient reach of nearby amenities.
Buyer's agent to verify all information, including restrictions, utilities, schools, and property details.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$300,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Feb 14, 2026 | Listed by Keller Williams Realty Lone St | $310,000 | |
| Listed by Keller Williams Realty Lone St | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017