896 County Road 2125
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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2019 | Listed by Re/Max Ranch and Residential | $59,000 | |
| Listed by Re/Max Ranch and Residential | |||
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24.747 acres in rural Newton County. Great for Hunting! This beautiful gently rolling acreage on County Road 2125 would make a great spot to build your home or place manufactured housing. Property is not restricted and welcomes your livestock! Current plat on hand. Property is very close to Toledo Bend and UNRESTRICTED.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017