8241 US Highway 287
About This Property
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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 19, 2022 | No longer available | - | |
| No longer available | |||
| Apr 14, 2022 | Sold | ||
| Sold | |||
| Mar 20, 2022 | In contract | - | |
| In contract | |||
| Dec 2, 2021 | Listed by Turner Country Properties | $17,900,000 | |
| Listed by Turner Country Properties | |||
| | |||
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Jolly Ranch, 6,640 Acres in Clay County. Prime cattle ranch with outstanding native and improved grasses, great working facilities, immaculate fencing, 56 stock ponds, rolling terrain with impressive views, minimal mesquites, hardwoods located along named and unnamed creeks, tons of road frontage with access to most pastures, good interior road system, numerous pens and traps, two different headquarters, log house, pool house, office, scale house, barn, shops. Equipment and cattle are negotiable.
| |||
| Nov 19, 2021 | Listed by Turner Country Properties | $17,920,375 | |
| Listed by Turner Country Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017