1733 HEREFORD Road
About This Property
The property also includes an additional cleared area where a former long-term mobile home site was previously located. The mobile home has been removed, leaving an open area that offers potential for a variety of future uses, subject to verification and approval by Clay County and all applicable authorities. No representation is made that another mobile or manufactured home, additional dwelling, or other structure may be placed on this area.
With nearly 12 acres adjoining the natural beauty of Jennings State Forest, there is room to enjoy the outdoors, establish a homestead, & create memories!
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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 |
|---|---|---|---|
| Aug 4, 2026 | Price Decreased |
$573,000
↓ $12K
(2.1%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by CENTURY 21 LIGHTHOUSE REALTY | $584,999 | |
| Listed by CENTURY 21 LIGHTHOUSE REALTY | |||
| Jan 25, 2026 | Price Decreased |
$594,999
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by EXIT INSPIRED REAL ESTATE | $599,999 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
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What a GEM!! This property may be split into smaller parcels under Clay County's heir subdivision provisions, offering flexibility for family or multi-generational use (buyer to verify with county).
Very well-maintained home on nearly 12 acres, backing up to over 25,000 acres of Jennings State Forest a true hunter's and outdoor enthusiast's dream. The home features a 2-car garage and is move-in ready, with potential for updates to fit your vision.
The property includes three wells and three septic systems. One rear lot is currently rented for $1,000/month (mobile home does not convey),
Privacy, acreage, income, and long-term flexibility ,all bordered by protected land.
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| Feb 2, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017