150 Rabbit Moffitt Road
About This Property
A secure electronic gated entrance welcomes you to a stunning custom Hardiplank residence surrounded by fenced pastures, some equipped with Nelson automatic waterers, run in sheds, and a six stall barn complete with its own septic system, riding ring, wash rack, and tiled feed and tack room featuring a window unit and dishwasher. A productive stand of blueberry bushes helps maintain low property taxes through an agricultural tax discount, adding both charm and long term value.
Inside, the home opens to a grand foyer with soaring vaulted ceilings and custom barn doors leading into the formal living room accented by recessed lighting and a tray ceiling. The heart of the home offers open concept living with a chefs kitchen featuring granite perimeter countertops, a butcher block center island with a GE double oven gas range, Bosch dishwasher, and French door refrigerator. The kitchen flows seamlessly into the keeping room with a stone fireplace and dining area overlooking peaceful pasture views.
The primary suite is a retreat of its own, offering breathtaking sunsets and private access to the deck and screened porch with vaulted, wood lined ceilings framing spectacular mountain views. The ensuite bath includes dual vanities, a walk in tile shower with curtain drain, a jetted tub, and a spacious walk in closet. Two additional main level bedrooms share a full bath, while a recently remodeled half bath with marble tile adds a refined touch.
The walk out basement features a finished bonus room opening to an oversized concrete patio with 220V power, ideal for a hot tub, along with expansive unfinished space for storage or future expansion.
Outdoors, the property is well suited for equestrian use or hobby farming, with fenced pastures, barn, outbuildings, and well water. Enjoy miles of community riding trails extending all the way to Airport Road, endless opportunities for horses, cattle, or small livestock, and the tranquility of mountain views from your own porch. Horses and cows currently on the property are available for purchase, offering a turnkey opportunity for the right buyer.
New flooring has been installed throughout much of the home as of October 2025. With an acceptable offer, the seller will repaint the exterior of the home and barn. The seller welcomes well structured offers and is prepared to respond promptly, creating an excellent opportunity for qualified buyers.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Price Decreased |
$935,000
↓ $40K
(4.1%) | |
| Price Decreased | |||
| Jan 10, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 9, 2026 | Listed by Real Broker, LLC | $975,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017