209 Red Rose Lane
About This Property
The home features a functional layout with spacious living areas, a well-appointed kitchen, and comfortable bedrooms, making it ideal for full-time living or a peaceful weekend retreat. Outside, the land opens up to expansive pastureland, perfectly suited for grazing livestock, horses, or cutting hay. The gently rolling acreage provides both usability and scenic views, enhancing the overall appeal of the property.
In addition to the home, the property is well-equipped with multiple barns, a shop building, and an additional storage structure, offering ample space for equipment, feed, tools, or hobby use. Whether you're an experienced rancher, a hobby farmer, or someone looking to embrace a more rural lifestyle, this property is set up to support a variety of agricultural and recreational needs.
Conveniently located just north of Wright City and only a short distance from the American Legion Rodeo Grounds, this property combines the tranquility of country living with proximity to local amenities and community events. Its location provides easy access while still maintaining the privacy and peaceful atmosphere buyers are searching for.
Properties offering this combination of acreage, improvements, and location are increasingly rare in this area. With room to grow, work, and enjoy the outdoors, this is a unique and highly desirable opportunity you won't want to miss.
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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 |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Price Decreased |
$399,000
↓ $200K
(33.4%) | |
| Price Decreased | |||
| Dec 21, 2025 | Listed by ABW Edmond Inc (BO) | $599,000 | |
| Listed by ABW Edmond Inc (BO) | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017