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Map
0 Fm-149 E
About This Property
With ample road frontage and utilities, this property is ideally positioned for a master-planned community, luxury ranch subdivision, or private estate, located in an up-and-coming area seeing rapid growth and development.
Whether you envision a private ranch haven, an income-producing investment, or a visionary development, this property provides unmatched scale, natural resources, and location. Opportunities of this size and caliber are becoming increasingly rare-don't miss your chance to secure one of the region's most promising tracts of land.
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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 |
|---|---|---|---|
| Dec 27, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by JLA Realty | $24,000,000 | |
| Listed by JLA Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017