1280 Corey Road
About This Property
Horses are sure to thrive here. A spacious pole barn provides ample storage for hay, saddles, and all your equestrian tack. Lush green pastures offer your horses plenty of room to roam and graze, while a separate front pasture boasts a majestic oak tree, providing a picturesque spot for training or simply relaxing with your equine companions.
Beyond equestrian pursuits, Running Buffaloe Ranch offers the joys of self-sufficiency. Three well-maintained chicken coops ensure a steady supply of fresh eggs, and a dedicated vegetable garden area which allows you to cultivate your favorite crops, bringing the table to your doorstep.
Imagine waking up to crisp mornings, stepping out onto your porch with a cup of coffee, and watching your horses graze.
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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 9, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jun 21, 2024 | Listed by Keller Williams Space Coast | $550,000 | |
| Listed by Keller Williams Space Coast | |||
| Feb 25, 2005 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
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About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017