870 Choctaw
About This Property
Situated in Holiday Village, a gated community with fantastic amenities, residents enjoy access to basketball courts, a swimming pool, clubhouse, putt-putt, parks, fishing ponds, a boat ramp, and a clubhouse - everything you need for relaxation and recreation right at your doorstep.
This lot is located near a home currently for sale, presenting a unique opportunity to purchase both properties - ideal for extended family, rental potential, or expanding your investment portfolio.
Enjoy quiet surroundings with easy access to nearby amenities. Don't miss your chance to own land in this growing East Texas community!
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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 11, 2026 | Listed by THE RIGHT REALTORS LLC | $18,000 | |
| Listed by THE RIGHT REALTORS LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017