82
Map
08 S 4530 Road
About This Property
The landscape features a diverse mix of mature timber, open meadows, gently rolling hills, and scenic elevation changes that create both beauty and functionality throughout the property. Established trails have already been cut through much of the land, making it easy to explore by ATV, horseback, hiking, or utility vehicle. A creek winds through portions of the property, adding character, supporting wildlife activity, and enhancing the recreational appeal of the land.
Wildlife is abundant throughout the property, with frequent sightings of deer, turkey, wild hogs, and other native game species, making this an excellent setup for hunting and outdoor recreation. The combination of timber, water sources, natural cover, and varied terrain creates an ideal habitat for wildlife while also offering multiple potential build sites with scenic views and privacy.
Although the property feels secluded and peaceful, HWY 20 is located less than a mile away, providing convenient access while still allowing the property to maintain a true off-the-grid atmosphere. Spavinaw Lake is only a short drive away and offers excellent fishing, boating, camping, and outdoor recreation opportunities year-round. Additional Land Available.
Schedule your private tour today! Buyer's agents welcome.
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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 |
|---|---|---|---|
| Jul 3, 2026 | Price Decreased |
$954,900
↓ $40K
(4%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Keller Williams Advantage | $995,000 | |
| Listed by Keller Williams Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017