1638 Prayer Mountain Pass
About This Property
Outside, covered porches take in both sunrises and sunsets. The 35+ acres is set up for a hobby farm, with 3 acres enclosed by an 8' fence and divided into separate areas for livestock and pets. There is a 2 stall barn, 2 chicken coops, storage shed, additional one car garage, two carports, green house and solar powered sleep-out. Running and walking trails are on the property, and property owners have direct access to BLM land.
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 9, 2022 | Sold | ||
| Sold | |||
| Jun 29, 2022 | Listed by Pinon Real Estate Group LLC | $799,000 | |
| Listed by Pinon Real Estate Group LLC | |||
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Thoughtfully designed and crafted custom home on 35+ private acres with 360 degree mountain views and easy year-round access. The 2400 square foot home includes a main level primary suite with large walk-in closet and generous 3/4 bathroom. Chef's kitchen with cook top and two ovens, large quartz dining island that opens onto living room with wood stove and views from every window. Loft area over primary suite for guest overflow or storage. An office / second bedroom with Murphy bed, pantry and 3/4 bath round out the main floor. The lower level consists of a cosy family / game room with wet bar, 3/4 bathroom, large utility / mud room with laundry and dog wash, and an insulated, attached one car garage that could easily be converted to further living space. Many built-ins throughout.
Outside, covered porches take in both sunrises and sunsets. The 35+ acres is set up for a hobby farm, with 3 acres enclosed by an 8' fence and divided into separate areas for livestock and pets. There is a 2 stall barn, 2 chicken coops, storage shed, additional one car garage, two carports, green house and solar powered sleep-out. Running and walking trails are on the property, and property owners have direct access to BLM land.
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| Jun 22, 2022 | No longer available | - | |
| No longer available | |||
| Jun 9, 2022 | Listed | $859,000 | |
| Listed | |||
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Fabulous Views! a must see property located in the sub division The Reserve at Texas Creek.The two story 2400 sq.ft.home has a den/game room with a propane radiant heater, 3/4 bath, mudroom/laundry which includes a dog bath and, a one stall garage that could easily be turned into addition living space all located on the first level.The main floor includes a open plan kitchen equipped with a large dining island that is topped with quartz counter and pantry.A spacious living room connected to the kitchen area.The master suite includes a large walk in closet, 3/4 bath, and a separate water closet. Main floor also includes a office with a Murphy bed and a 3/4 bat with additional improvements the property has been set up to be your own personal hobby farm.It is enclosed by a 8 ft fence that takes in approximately 3 acres of the 35.2 total acres and is further divided into 3 separate areas for livestock and pets with a 2-stall barn and two chicken coops.h.Outbuildings include a shed,one car garage, 2 car ports, solar powered tiny house,greenhouse.Access to 2052 acres of BLM is available through the sub division and the property itself has walking/runniing trails through out the property.
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| May 25, 2022 | Listed | $859,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017