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About This Property
Build your dream home on this 5.8-acre tract or weekend retreat and enjoy the freedom of country living with no HOA and space for horses, chickens, goats, cows, or even exotic animals. Great accessibility with paved road frontage on two sides, giving you flexibility for driveway placement and future structures such as barns, workshops, or storage buildings. Commuter-friendly location: just minutes from town conveniences and a quick drive to major employers including DOW Chemical, Phillips 66, STP and Chevron Phillips.
Weekend fun is close by too; you're only about 30 minutes to coastal beaches, fishing, boating, and waterfront restaurants along the Gulf Coast. Perfect balance of quiet country serenity and coastal convenience!
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $95,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017