11555 N US Highway 377
About This Property
This well-designed and fully equipped horse property offers the perfect blend of comfort, functionality, and location. Situated in a highly sought-after area, you'll enjoy the convenience of being just a minute from top equine events while still having the peace of country living.
The home features 3 bedrooms, 2 bathrooms, plus a versatile trophy room or office, ideal for working from home or showcasing awards. Inside, you'll find a split-bedroom layout, wood-burning fireplace, formal dining area, and a kitchen complete with island and eat-in space. A mudroom and laundry room with exterior access add everyday convenience. The primary suite offers double vanities and a walk-in closet, while solar screens on the windows provide added privacy and energy efficiency.
Outside, the property is fully set up and ready to go. The team roping arena, approximately 145x225, includes additional pens at the back for cattle or extra horse use. Pasture behind the roping boxes.
The property includes a 2-stall barn with hay and equipment storage, opening directly to two pastures. Separate tack shed for easy saddling and organization. Additional shed row with 3 runs. 4 pastures with sheds, creating a total of 9 horse pens with shelter and water. Property is fenced and crossed fenced for horses. Private water well.
Additional features include covered parking for trucks and trailers and a large circle drive designed for easy trailer access and maneuverability. Long driveway off Hwy 377 so property does not sit directly on the highway. Perfect set up for someone wanting small acreage that is turn key and easy to maintain.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$549,999
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by Majestic Realty Group | $575,000 | |
| Listed by Majestic Realty Group | |||
| Aug 25, 2026 | No longer available | - | |
| No longer available | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017