1905 Oak Springs RD
About This Property
Step outside and take in the expansive 5-acre property, perfect for gardening, outdoor recreation, or simply relaxing on the covered patio while enjoying peaceful views.
This property comes equipped with a paddock featuring new water lines, a concrete-slab kennel, and a 20' x 25' detached garage-easily convertible into stalls if desired. You'll also find three convenient entrances: a paved driveway for the home, a separate entry for trailers, and a third gate accommodating semi-truck trailers. The detached garage includes pass-through doors, running water, and electricity-making it ideal for a studio, workshop, or tack room.
Additional highlights include a 30-amp RV hookup and a cozy fire pit for evenings under the stars. Whether you dream of creating a hobby farm, equestrian setup, or a private countryside retreat, this property offers endless possibilities.
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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 |
|---|---|---|---|
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Listed by Response Realty Advisors, LLC | $445,000 | |
| Listed by Response Realty Advisors, LLC | |||
| Mar 18, 2025 | No longer available | - | |
| No longer available | |||
| Jan 20, 2025 | Price Increased |
$475,000
↑ $75K
(18.8%) | |
| Price Increased | |||
| Dec 6, 2024 | Price Decreased |
$399,999
↓ $25K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017