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29793 Ruby Ranch Rd
About This Property
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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 |
|---|---|---|---|
| Mar 8, 2026 | Listed | $1,988,000 | |
| Listed | |||
| Sep 3, 2025 | No longer available | - | |
| No longer available | |||
| Jun 7, 2025 | Relisted | $2,000,000 | |
| Relisted | |||
| Jun 3, 2025 | No longer available | - | |
| No longer available | |||
| Oct 4, 2024 | Listed by Ajax Realty Group | $2,000,000 | |
| Listed by Ajax Realty Group | |||
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This is a tremendous land opportunity with great drive by traffic and visibility from Hwy 40 and Interstate 70. Two parcels are being offered together for sale, and together have approximately 4.623 acres and could be combined for future redevelopment. Both of the properties could be leased while the property is under redevelopment. 29793 Ruby Ranch Road 1.784 Acres Zoned RC-1 and Agricultural Duplex with 3,105 sq. ft. 4 bedrooms, 3 1/2 bathrooms, study, and 2 kitchens 29833 Ruby Ranch Road 2.839 Acres Zoned C-1 Log Cabin style office building with partial walkout basement 3 offices on the main level with small kitchen and 1/2 bath Basement offers 3/4 bathroom and workshop area Large concrete deck with wood railing Office with 960 sq. ft. on main level Highlights: Outstanding drive-by traffic Visibility from both Hwy 40 and I-70 Mountain location with mature trees throughout Includes all real estate and property improvements
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017