8925 State Road 78
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 |
|---|---|---|---|
| Oct 30, 2026 | Price Decreased |
$269,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by Sparlin Realty | $279,000 | |
| Listed by Sparlin Realty | |||
| Jul 18, 2025 | Listed | $299,000 | |
| Listed | |||
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Escape to the tranquility of this charming farm house set on 11 acres of Hwy frontage land, just a stone's throw away from the Texas border. This fixer-upper is brimming with potential, offering a peaceful retreat for those seeking a slower pace of life. The property features a fenced pasture perfect for livestock, as well as a barn for all your farming needs. Located halfway between Bonham, TX and Durant, OK, this is country living at its finest. Don't miss out on this great opportunity to create your dream homestead in the heart of nature's beauty.
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| Apr 19, 2025 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jan 8, 2025 | Listed | $315,000 | |
| Listed | |||
| | |||
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Escape to the tranquility of this charming farm house set on 11 acres of Hwy frontage land, just a stone's throw away from the Texas border. This fixer-upper is brimming with potential, offering a peaceful retreat for those seeking a slower pace of life. The property features a fenced pasture perfect for livestock, as well as a barn for all your farming needs. Located halfway between Bonham, TX and Durant, OK, this is country living at its finest. Don't miss out on this great opportunity to create your dream homestead in the heart of nature's beauty.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017