272 Hondo Road
About This Property
Step outside to a beautifully landscaped yard with an orchard-worthy variety of trees - peach, apricot, apple, cottonwood, oak, and mesquite - plus crape myrtles and rose bushes.
The crown jewel is the extraordinary, well-built, 4,000 sq ft, two-story 50x40 ft fully insulated barndominium-shop. The shop area on the lower level features a half bath, movable workbenches, an overhead chain hoist on a beam trolley, 14-ft front and 12-ft rear sliding doors. Also on the lower level, is a finished 650 sq ft flex space-previously a home gym-with French doors opening to the backyard. Upstairs, one finished bedroom and full bath suite are ready to use today. The expansive unfinished area is framed for two studio apartments with a shared common area, but it awaits your vision. Whether it is for personal or entrepreneurial pursuits, guest quarters, or rental income - the canvas is yours. A 50-amp RV hookup rounds out this exceptional property.
The primary home is truly turnkey - just move in and enjoy. The expansive corner lot gives you room to breathe and spread out. And the barndominium? It's already extraordinary, with even more potential waiting to be unlocked. Finish it your way, on your timeline, to suit your needs and aspirations. Properties that offer this combination of quality, space, and opportunity rarely come to market - and they don't last long. Schedule your showing today!
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Jun 1, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Listed by Berkshire Hathaway HS Stovall | $383,900 | |
| Listed by Berkshire Hathaway HS Stovall | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017