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Map
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About This Property
Partially cleared and ready for development, this unrestricted property already has water and power available, making it easy to start building right away. Plenty of riding trails for hunting and enjoying the views of the land. Tons of enjoyable and useable space. Enjoy the natural elevation throughout the land - not just flat terrain - offering both scenic views and outdoor adventure potential. A seasonal creek adds to the charm, complete with a small bridge built by the current owner. Bring your livestock, your vision, and your dreams - and make this versatile Texas ranch your own today!
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by Mega Realty | $336,600 | |
| Listed by Mega Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017