136 Golf Course Road
About This Property
A 2,350± square foot farmhouse with a recently painted exterior and newer roof sits on a hill overlooking the property. The home includes two bedrooms and two baths, along with a living room, office, and mud room. Two wood-burning fireplaces, located in the living room and office, add warmth and character. A large sunroom serves as the primary living space and captures beautiful sunset views in the evenings.
The farm infrastructure is well-positioned and thoughtfully laid out. A large barn measuring approximately 120 feet by 125 feet includes both open and enclosed storage along with working pens designed for livestock handling. Additional structures support equipment storage and day-to-day operations, creating a farmstead that is practical and adaptable.
With frontage along both Alabama Highway 103 and Golf Course Road, access to the property is convenient and straightforward. With established fencing, multiple ponds, and a functional farmstead already in place, the land is immediately usable for livestock, small-scale agriculture, or recreational enjoyment. This is a property that feels both productive and peaceful, well-suited for owners seeking space, self-sufficiency, and a strong connection to the land.
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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 |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| Dec 29, 2025 | Listed by The Wings Group, LLC | $1,100,000 | |
| Listed by The Wings Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017