2988 CR 435
About This Property
The ranch is equipped for a variety of agricultural and livestock uses with a 30x40 carport, greenhouse, round pen, loafing shed for horses, separate livestock pens, and a blue barn previously utilized for pigs. The property is fully fenced and cross-functional for cattle, horses, and other livestock. Native grasses provide grazing opportunities across the acreage, while a pond adds both water and recreational appeal.
Water infrastructure includes two water wells, one servicing the residence and a second solar-powered well supplying water for cattle and livestock. A 3,000-gallon water storage tank provides additional water capacity for ranch operations. Two sea containers convey with the property and offer substantial storage for equipment, feed, tools, or ranch supplies.
The acreage offers a blend of open pasture, ranching functionality, and abundant wildlife frequently observed throughout the property. Whether utilized for livestock production, agricultural operations, hunting, recreation, or rural living, this property provides a well-improved setup with infrastructure already in place.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$624,900
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by RE/MAX Big Country | $650,000 | |
| Listed by RE/MAX Big Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017