1600 W Loop 564
About This Property
Welcome to 1600 West Loop 564, an exceptional 52-acre estate offering a unique combination of convenience, natural beauty, and development potential. Perfectly situated in Mineola, this property provides a rare opportunity for a private homestead or a prime development site.
Features Include:
Charming 1,801 sq. ft. Farmhouse: Cozy and full of character, this home is ready to welcome you or serve as a centerpiece for future development.
Versatile 520 sq. ft. Workshop: Ideal for hobbies, storage, or workspace.
Expansive 2,232 sq. ft. Garage: Room for vehicles, equipment, or conversion for your needs.
6.5-Acre Pond: A serene centerpiece offering fishing, relaxation, or scenic views.
Prime Location: Adjacent to the local airport, next to a picturesque 9-hole golf course, and directly across from Mineola Middle School.
With its unbeatable location and spacious acreage, this property is an excellent investment for a new subdivision, mixed-use development, or a private estate. Surrounded by nature yet conveniently close to city amenities, this is a one-of-a-kind opportunity to make your vision a reality.
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Dec 22, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 28, 2025 | Listed by Drake Real Estate | $1,300,000 | |
| Listed by Drake Real Estate | |||
| Dec 24, 2024 | Listed by Drake Real Estate & Investment | $1,550,000 | |
| Listed by Drake Real Estate & Investment | |||
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Stunning 52+- Acre Property in Mineola – Endless Potential!
Welcome to 1600 West Loop 564, an exceptional 52-acre estate offering a unique combination of convenience, natural beauty, and development potential. Perfectly situated in Mineola, this property provides a rare opportunity for a private homestead or a prime development site.
Features Include:
Charming 1,801 sq. ft. Farmhouse: Cozy and full of character, this home is ready to welcome you or serve as a centerpiece for future development.
Versatile 520 sq. ft. Workshop: Ideal for hobbies, storage, or workspace.
Expansive 2,232 sq. ft. Garage: Room for vehicles, equipment, or conversion for your needs.
6.5-Acre Pond: A serene centerpiece offering fishing, relaxation, or scenic views.
Prime Location: Adjacent to the local airport, next to a picturesque 9-hole golf course, and directly across from Mineola Middle School.
With its unbeatable location and spacious acreage, this property is an excellent investment for a new subdivision, mixed-use development, or a private estate. Surrounded by nature yet conveniently close to city amenities, this is a one-of-a-kind opportunity to make your vision a reality.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017