TBD Tract 1 Ranch Lake Court
About This Property
Each homesite provides the perfect canvas for a custom home-whether it's a contemporary estate, a refined Texas getaway, or a residence that integrates effortlessly with nature. Expansive acreage ensures space between neighbors, offering quiet, tranquility, and freedom to live on your terms.
Enjoy mornings with uninterrupted sunrise views, evenings framed by soft sunsets, and weekends that feel truly restorative. More than just land, these homesites provide the foundation for a lifestyle defined by space, beauty, and lasting privacy.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Listed by Trinity Group Realty | $198,000 | |
| Listed by Trinity Group Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017