875 County Road 1670
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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 |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Sep 5, 2022 | Listed by Century 21 Lake Country | $215,000 | |
| Listed by Century 21 Lake Country | |||
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Looking for a neat, and clean tract of land? Here is 12.9 acres with pipe fencing, gate and entry. There is a barn with a tack room and a 3 stall carport for your cars, tractors or trailers, and an electrical connection for your RV. There is a shared pond, that seller and neighbors say has never gone dry. Electric, water, and older conventional septic are all in place. This tract of land is level, no bottoms or wash outs. Fence appears to be in decent shape and should keep cows or horses in, no problem. Tracts of land like this never last long, so you better come see this one before its too late! Buyer to verify any and all information.
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| Apr 9, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by AT Home Texas Real Estate | $165,000 | |
| Listed by AT Home Texas Real Estate | |||
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Land ready to Build on! Check out this 12.66 Acres in Alba that is fully fenced has a piped entryway, shared pond, barn with tack room and carport. The property had a mobile home on it at one time so electric and water are already available. Imagine a home built at the back of the property and getting to watching the deer roam! Dont miss your opportunity to own this piece of land! No Restrictions!
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14506420
Details provided by NTREIS and may not match the public record
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