8565 S US Highway 183
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 |
|---|---|---|---|
| Feb 7, 2025 | Listed by All City Real Estate Ltd. Co | $775,000 | |
| Listed by All City Real Estate Ltd. Co | |||
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10.1 acres with Highway 183 frontage.
Any business serving the heavy traffic on 183 can be started.
Utilities are already on site.
Prime commercial land holding for future growth.
In the growth path of development and will be a great long term buy.
Ag exempt property...
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| Jun 25, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by TEXAS REAL ESTATE SALES | $499,000 | |
| Listed by TEXAS REAL ESTATE SALES | |||
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10.1 acres to call your own. This slice of Texas would make a great place to build your dream home and it offers 2 houses already. Main house is a 3 bed 2 bath 1374 sq foot home built in 1995. Utilities are already on site. The possibilities are endless of what you can do. Be sure and call today to set your appointment. More pics to come soon.
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| Apr 18, 2020 | No longer available | - | |
| No longer available | |||
| Jan 1, 2020 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017