241791 COUNTY ROAD 121
About This Property
Outside, you'll find a chicken pen, rabbit pen, RV hookup, setup for an automatic gate opener, 10x16 shop with power and water connections, and a spacious 30x40 covered area for equipment, toys, workspace, or entertaining. Water lines have also been run to multiple areas of the property for added flexibility. Horses and ATVs are welcome, making this a great fit for a mini farm, homestead, or peaceful country retreat. Additional 4.6 acres available.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$310,000
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Aug 24, 2026 | Listed by PALM III REALTY AND PROPERTY M | $330,000 | |
| Listed by PALM III REALTY AND PROPERTY M | |||
| Jul 22, 2026 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| May 25, 2026 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by PALM III REALTY AND PROPERTY M | $525,000 | |
| Listed by PALM III REALTY AND PROPERTY M | |||
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Bring your animals, ATVs, RVs, and country living dreams to this versatile 6.75-acre high and dry property, made up on two parcels, fully set up for rural living and move-in ready. This property offers the perfect blend of functionality, privacy, and convenience with plenty of room to spread out and enjoy the outdoors.
The 2002 home features 3 bedrooms, 2 bathrooms, and 1,144 square feet of comfortable living space. A metal roof only 8 years old adds peace of mind, while the west-facing porch creates the perfect spot to enjoy sunsets and quiet evenings.
Approximately 2 acres are fully fenced and thoughtfully improved with a chicken pen, rabbit pen, RV hookup, and setup for an automatic gate opener. The property also includes a 10x16 shop with power and water connections, along with an impressive 30'x40' covered area ideal for equipment, toys or entertaining. Water lines have already been run to multiple areas of the property, adding even more flexibility for future use. Horses welcome
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017