131 County Road 279
About This Property
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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 |
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| Jun 1, 2026 | Listed by Armstrong Properties | $590,000 | |
| Listed by Armstrong Properties | |||
| Apr 23, 2026 | Listed by Armstrong Properties | $749,900 | |
| Listed by Armstrong Properties | |||
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If you are looking for a horse ready property with room to grow, this is it. Offering 7884 square feet under roof with 4387 square feet of concrete slab this property provides ample space for expansion or customization to fit your needs. The charming 900 square foot apartment thoughtfully designed with future expansion in mind, and a 720 square foot insulated tack room adds both convenience and functionality. The equine amenities include a lighted arena with return alley, covered boxes, catch pens with sheds, and a 2 inch water line for watering the arena. There's multiple separate traps with run-ins, making this property ideal for horses and livestock. Additional features include a 50-amp plug at the arena, a 30-amp connection under the barn carport and plenty of covered parking. The well is equipped with an oversized pump, pressure tank and self cleaning mineral separator. Bring your horse and enjoy the the peace and quiet this exceptional property has to offer.
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| Sep 4, 2025 | No longer available | - | |
| No longer available | |||
| Oct 29, 2024 | Listed by Texas Farm & Ranch Realty | $753,500 | |
| Listed by Texas Farm & Ranch Realty | |||
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The Headquarters is comprised of approximately 7,884sf of high-quality metal roofing, as well as 4,387sf of concrete slab. There is a 720sf living quarters and a 720sft workshop under the roof. This leaves approximately 2,947sf of concrete area for additional living quarters or workshop expansion. The property is entered by an iron gate and a long caliche drive past the lighted outdoor arena. It has its own well and water is accessible throughout. The land is fenced and cross fenced into multiple pastures and paddocks with barbwire and electric fencing. There are 2 stocked ponds as well. One of the ponds has a concrete slab near the bank of the pond for your future outdoor space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017