12
Map
2749 PARMENTER Road
About This Property
This remarkable property features a functional horse facility, making it ideal for equestrian enthusiasts or those seeking rural retreat with endless possibilities.
While the existing home is of no value, it brings valuable infrastructure to the property, including well, septic and electric- offering a strong foundation for future development. Whether you're planning to build your custom farmhouse, expand agricultural operations, or create a private getaway, this land offers unmatched space and potential.
Sale is subject to lease back of 5 acres, including the barn, so the seller can continue to care for her senior horse.
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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 17, 2025 | Price Decreased |
$449,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Apr 16, 2025 | Listed by BERKSHIRE HATHAWAY HOME SERVICES HEYMANN WILLIAMS | $479,000 | |
| Listed by BERKSHIRE HATHAWAY HOME SERVICES HEYMANN WILLIAMS | |||
| Sep 8, 2019 | No longer available | - | |
| No longer available | |||
| Mar 7, 2019 | Listed | $180,000 | |
| Listed | |||
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Build your custom home on this 11 acres in Bryceville. High and dry on sand ridge with natural slope for drainage. 4 acres already cleared and lots of room for building horse stables or barn. No HOA restrictions. Private Road.
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| Dec 26, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017