1850 Lcr 439
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Price Decreased |
$605,000
↓ $45K
(6.9%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$649,900
↓ $50K
(7.1%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$699,900
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Nov 21, 2025 | Price Decreased |
$715,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 7, 2025 | Listed by Armstrong Properties | $735,000 | |
| Listed by Armstrong Properties | |||
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If you are looking for a move in ready horse property in a great location, this beautiful rustic 3 bedroom 2.5 bathroom barndominium on 23.72 (+/-) acres is it! The split floor plan offers a large master suite, 2 guest rooms that share a Jack and Jill restroom, large living area with a wood burning fireplace stained concrete floors, and granite counter tops throughout. The laundry room and half bath doubles as a mud room that can be entered from the oversized 2 car garage and workshop. The custom rustic charm of this home is just the beginning. The covered back porch overlooks the cross fenced pastures and large pond and is the perfect place to sit and watch the sunset. The 40 X 48 barn with tack room and the sandy loam soil are the perfect combination for horses, show cattle or the livestock of your choice. Being right on the Groesbeck line makes it a short 15 minute drive to town. The water well has a filtration system and insulated well house. Don't miss the opportunity on this amazing property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017