20060 Corning
About This Property
Premium ranch amenities include a 60x60 hay/livestock barn, 40x50 barn, and 16x38 utility shed, providing extensive space for equipment, feed, and livestock management. A second dwelling the 1,200 sq. ft. 2 bedroom, 1 bathroom manufactured home adds valuable flexibility for extended family, guests, or dedicated ranch staff.
A rare luxury ranch estate offering elevated living, expansive acreage, and impressive improvements perfect for those seeking a distinguished rural lifestyle.
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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 13, 2026 | Listed by Re/Max American Dream Realty | $775,000 | |
| Listed by Re/Max American Dream Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017