124 County Road 4511
About This Property
Offering plenty of space to live, work, and play, this property is ideal for those seeking privacy, room for horses, livestock, recreational opportunities, or simply a peaceful country lifestyle.
The spacious home features an open-concept design and comfortable living spaces designed for everyday living and entertaining. The second story provides additional living quarters, making it perfect for family, guests, or a home office. Convenient mudroom with laundry area, providing a functional space for storage, organization, and everyday household tasks. The first floor also offers a safe room with reinforced construction, offering additional peace of mind.
Outside, the possibilities are endless. The sprawling 17-acre tract is fenced and cross-fenced and offers room for livestock, gardening, recreational activities, or simply enjoying the peaceful surroundings. Mature trees, open pasture, and expansive views create the ideal setting for country living. There are also electric-well lines in a spot where a previous house was offering an optional site of a garage, shop or barn. The property also benefits from an Agricultural Exemption, offering potential tax advantages while supporting your rural lifestyle. Enjoy the tranquility of rural living while still being conveniently located within easy reach of nearby Decatur and Denton. Barndominium Living on 17.21 Ag Exempt Acres, great opportunity for those looking for country living!
Don't miss this rare opportunity to own a versatile barndominium property with acreage and unlimited potential.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$799,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$814,000
↓ $35K
(4.1%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by Parker Properties Real Estate | $849,000 | |
| Listed by Parker Properties Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017