TBD COUNTY ROAD 165
About This Property
The ultimate land trio on just 38 acres- production, hardwoods, water. The front 18 acres features a well established coastal field, providing annual yields perfect for livestock operation or supplemental income. Muk Water Creek traverses the property, boundary to boundary, with deep pockets holding a substantial amount of water. Surrounded by mature hardwoods the creek is a dividing line on the property to the back 15 to 20 acres that boasts native grasses and heavy tree cover for hunting. In addition to a nice stock tank the tract has good to excellent boundary and cross fencing. This property is a must see for anyone seeking a small but highly versatile acreage.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Price Decreased |
$300,000
↓ $75K
(20%) | |
| Price Decreased | |||
| Apr 14, 2026 | Listed by Ranch Pro Real Estate | $375,000 | |
| Listed by Ranch Pro Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017