1064 Warren Road
About This Property
As you step onto the welcoming front porch, you're greeted by expansive views of the property, framed by a pristine white fence and a driveway adorned with the vibrant blossoms of crape myrtles. The land itself is a canvas of possibilities, featuring a 2400 sqft shop meticulously designed for business endeavors, complete with an office, bathroom, independent septic system, air conditioning, and a large bay door. Whether for work or leisure, this versatile space offers endless potential.
Beyond the shop, the property continues to impress with a large metal barn, cattle pen, chicken coop, and a dedicated horse arena or garden area. A windmill stands as a testament to the property's blend of tradition and utility, while a double gazebo provides a tranquil spot to take in the beauty that surrounds you. The back patio, screened for comfort, offers a peaceful retreat, ideal for quiet evenings, as you listen to the sounds of nature.
Seasonal wildflowers, including iconic Texas bluebonnets, blanket the front pasture, creating a scene of breathtaking beauty. The land is cross-fenced for added convenience, and the shop's separate entrance with a gravel driveway ensures easy access. The property's electric gate adds a touch of modern security to this idyllic retreat.
This estate is not just a home; it's a lifestyle. A place where privacy, natural beauty, and endless possibilities converge to create something truly extraordinary.
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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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Decreased |
$765,000
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Nov 1, 2025 | Price Decreased |
$795,000
↓ $84K
(9.6%) | |
| Price Decreased | |||
| Sep 9, 2024 | Listed by Bramlett Partners | $879,000 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017