8938 Old Highway Road
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$341,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$344,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by About Town Realty | $349,000 | |
| Listed by About Town Realty | |||
| Jun 28, 2023 | Sold | ||
| Sold | |||
| May 22, 2023 | Listed by Keller Williams Realty | $105,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
The beauty and serenity of Texas Country Living await you on this turn-key, unrestricted, 5-acre -/+ land, saddled in the heart of the golden triangle of Texas. Located 1.5 miles off the main thoroughfare of HWY 6, the land is easy to get to and from, all while possessing the peace of country living. Suppose you're looking to build your country homestead. In that case, you can start on day one as the land has rural water and electric utility service and is completely perimeter fenced with a culverted entry drive allowing you to focus solely on the satisfaction of developing your lil ponderosa. City limits of Houston, Dallas, and Austin are all well under a two-hour drive and the charming and historic town of Calvert is just 8+/- miles away with specialty stores, such as antique, wine and coffee shops, just to name a few. Call for more information or to arrange your on-site visit!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017