8985 Hilltop Road
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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 |
|---|---|---|---|
| Nov 23, 2021 | No longer available | - | |
| No longer available | |||
| Oct 28, 2021 | Listed by Ebby Halliday Realtors - Cedar Creek Lake | $1,690,000 | |
| Listed by Ebby Halliday Realtors - Cedar Creek Lake | |||
| | |||
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Beautiful home on 21 acres located in prestigious Argyle ISD! From the balcony you have views of lush trees and pasture. Plenty of room with an attached MIL suite that includes washer, dryer and refrigerator with the sale. MIL suite water heater replaced 2021. Roof replaced in 2016. Full RV hookups with separate meter. Your animals will have room to roam and be protected in the 6 stall 60X45 barn with concrete floors, electric, water and tack room. There is second barn in back of property. Property is ag exempt. The manager has listed the unit size as 3500 square feet.
| |||
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Sep 11, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2021 | Price Decreased |
$1,350,000
↓ $340K
(20.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017