8964 County Road 299
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | In contract | - | |
| In contract | |||
| Mar 8, 2020 | Listed | $850,000 | |
| Listed | |||
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RARE SPECTACULAR 9.9 Acre COMMERCIAL AND OR RESIDENTIAL 1000 Feet of Waterfront Shoreline Property, prime for Development on the Westside of Possum Kingdom Lake. Breathtaking Views on varied gently sloped topography in a Park like setting ready for a Commercial and or Residential Plan. Property has Stunning Hill Top and Cliff Line Panoramic Lake Views, as well as level land for easy lake access at multiple entry points. There are several piers, aggregate Boat Ramp, Multiple Build Sites and large Interior areas for Buildings as well. Great Investment, Development or Corporate Opportunity. Amazing, Priced to Sell Historic Property on the Best Lake in Texas, Possum Kingdom Lake.
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| Feb 7, 2020 | Listed by Possum Kingdom Real Estate | $850,000 | |
| Listed by Possum Kingdom Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017