9820 S US HWY 287
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 |
|---|---|---|---|
| Jan 12, 2026 | Listed by RE/MAX Lakeside Dreams | $903,000 | |
| Listed by RE/MAX Lakeside Dreams | |||
| Dec 11, 2025 | No longer available | - | |
| No longer available | |||
| Dec 9, 2024 | Listed by RE/MAX Lakeside Dreams | $1,005,500 | |
| Listed by RE/MAX Lakeside Dreams | |||
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Prime Highway Frontage! Prime Opportunity! This 20 plus acre track is situated between US Hwy 287 and Spur 294 with over1.700 feet of road frontage. Located less than one mile from Beautiful Richland Chambers Lake and across the street from the most sought after subdivisions around. This beautiful tract of land provides endless possibilities! This fast growing area is the perfect home for your grandest ideas. Gather your blueprints and file your permits because this tract is ready for your imagine.
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| Nov 10, 2024 | No longer available | - | |
| No longer available | |||
| May 15, 2024 | Relisted | $1,005,500 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017