221 Saffle Road
About This Property
The property features a 3 bed 1 bath barndominium fully renovated in 2022, including extensive mechanical updates such as all-new electrical and panel, new sewer lines, water meter, HVAC system, and more. The flexible floor plan offers four spacious bedrooms, with the fourth bedroom near the entry currently used as a second living area, plus a large walk-through central closet that enhances both storage and functionality. The land is fully fenced and cross-fenced, with horses currently occupying the back pastures, making it well-suited for livestock and animal use. Mature oak trees provide shade and character throughout the property.
Outdoor amenities include a dog run, run-in shelter, chicken coop, and a full RV hookup with sewer and electric already in place. The property is also rich in established vegetation, featuring a large variety of fruit-bearing and native trees and bushes, including green apple, red apple, persimmon, Texas fig, Neptune fig, pomegranate, pecan trees, Mustang grapes, Texas blackberries, along with oaks, chinaberry trees, cedars, and gourds-creating a productive, scenic, and low-maintenance landscape.
This property is uniquely positioned for future growth, with tremendous potential to expand the living area by converting part of the shop into a larger kitchen and living space, as well as adding one or two bathrooms off the two larger bedrooms. Doorways for these future access points have already been framed. Additional original exterior spaces include a former milking room and stable area, both currently used for storage.
Whether you're looking for a move-in-ready homestead, space for animals, or a property with room to grow and customize, this one truly offers endless possibilities.
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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Decreased |
$319,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by Turner Brothers Real Estate, LLC | $325,000 | |
| Listed by Turner Brothers Real Estate, LLC | |||
| Oct 14, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017