1388 Rs County Road 1605
About This Property
The property is a haven for nature lovers and hobby farmers alike, boasting a small orchard with producing fruit trees, including persimmons, peaches, pears, figs, plums, mulberries, and apples. An underground irrigation system with a timer ensures effortless watering. Raised garden beds offer additional space for growing fresh produce, while rows of blackberries provide seasonal harvests.
For those with livestock, the back pasture is fully fenced and ideal for horses or cattle.
A standout feature of the property is the 25x65-foot shop with a 15x25 enclosed, insulated workspace, equipped with heating and cooling via a mini-split system. The shop also includes multiple 240V outlets, an electric vehicle charging station, and covered carport parking for up to five vehicles-an exceptional setup for car enthusiasts, woodworkers, or hobbyists.
Additionally, the home includes a finished attic space with central heating and air (not included in the total square footage), offering endless possibilities for storage or extra living space.
With its pristine condition, modern amenities, and serene setting, this property is a rare find-offering both luxury and practicality in a peaceful, rural setting.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | Listed by CENTURY 21 Judge Fite Co. | $525,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017