187 County Road 4195
About This Property
This exquisitely updated 3 bedroom, 3 bath home offers comfortable living and entertaining spaces, while the outdoor amenities truly set this property apart. Enjoy a sparkling in-ground pool, expansive outdoor living area with stone fireplace and bar, and a detached shop with electricity and a private 1 bedroom, 1 bath guest apartment, ideal for extended family, visitors, a home office, or multigenerational living.
Designed with horse and livestock owners in mind, the property is fully fenced and cross-fenced with new pipe fencing, multiple run-in sheds, traps, sandy loam soil, and a dedicated space for a riding area already in place. A working windmill with water storage adds both character and utility. There is ample room to build a custom barn to your liking while still enjoying the functionality of the existing improvements. Additional features include trailer and RV parking, a separate equipment storage building, gravel parking area, and a spray-foam insulated tack and feed room with abundant storage.
Located just minutes from Decatur, this property offers the privacy and freedom of country living without sacrificing convenience. Whether you're looking for a horse property, hobby ranch, livestock operation, or simply a beautifully updated home with room to spread out, this one is ready to enjoy from day one.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 14, 2026 | Listed by Real Broker, LLC | $875,000 | |
| Listed by Real Broker, LLC | |||
| Jun 4, 2026 | No longer available | - | |
| No longer available | |||
| May 16, 2026 | Price Decreased |
$925,000
↓ $50K
(5.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017