299 CAYENNE Street
About This Property
The property is well-equipped for country living with well and septic, multiple cement slabs for outdoor use, and is cross-fenced, providing flexibility for animals, equipment, or additional improvements. A standout feature is the large outbuilding workshop/garage, complete with a 100 amp electrical service, roll-up doors, and a covered portion, making it ideal for projects, storage, or hobby space. An additional shed offers even more storage.
Whether you're looking for space to enjoy the outdoors, room for animals, or a property with workshop potential, this unique acreage opportunity is ready for its new owners.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by BEACH STATE REALTY | $425,000 | |
| Listed by BEACH STATE REALTY | |||
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by BEACH STATE REALTY | $385,000 | |
| Listed by BEACH STATE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017