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286 Benevolence Way
About This Property
The 4 bed, 2.5 bath home with office & large loft has undergone extensive updates over the last three years, including new windows, spray foam insulation, interior & exterior paint, septic system improvements & HVAC upgrades. The home was also expanded by approximately 1,500 square feet, creating generous living spaces ideal for entertaining, multi-generational living or simply enjoying room to spread out.
Step outside to your own private retreat. The sparkling 16' x 32' in-ground pool serves as the centerpiece of the outdoor living space, providing the perfect setting for summer gatherings, weekend barbecues & relaxing evenings under the Texas sky.
What truly sets this property apart is the impressive 20' x 50', two-story barn-style facility with covered parking. This versatile structure offers exceptional potential for entrepreneurs, hobbyists, animal lovers or anyone needing substantial workspace.
Additional amenities include a sport court, covered RV & boat parking, dog run, batting cage, garden area with drip irrigation, & a newly built 12' x 32' outbuilding currently utilized as a cattery with its own private driveway.
From the expanded living space & resort-style pool to the incredible outbuildings & acreage, every corner of this property has been thoughtfully designed to maximize enjoyment, functionality & flexibility.
Whether you're dreaming of a hobby farm, home-based business, recreational retreat, or simply a place where family & friends can gather, this property delivers. Opportunities like this are rare in China Spring. If you've been searching for a property that offers more than just a home, 286 Benevolence Way may be exactly what you've been waiting for.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$724,900
↓ $15K
(2%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$740,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jun 17, 2026 | Listed by Graceland Real Estate | $750,000 | |
| Listed by Graceland Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017