3 Shady Grove
About This Property
Ducks, Geese, Whitetail, and Trophy Bass Enthusiasts, This place is for you!! This is that once in a lifetime property. How many people can say they have their very own lakes with fully stocked trophy bass? Not many! Come step foot on this 240 acre working cattle ranch with extraordinary recreational opportunities. Wether you're ready to wet a line without dealing with the boat ramp at the lake, or your wanting to knock down a trophy whitetail, this is your shot. Want to supplement those hobbies? No problem. This is a turnkey cattle operation as well. It is cross fenced multiple times, has working pens, a barn, an equipment lean to, and 7 ponds! When your done enjoying the outdoor amenities, head on in to the cozy barndominium and let it wrap its arms around you. I don't need to say much more, the property does the talking. Come see for yourself!
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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 |
|---|---|---|---|
| Apr 23, 2026 | Listed by American Pride Realty, LLC. | $1,870,000 | |
| Listed by American Pride Realty, LLC. | |||
| May 11, 2024 | No longer available | - | |
| No longer available | |||
| Dec 17, 2023 | Listed by RE/MAX Four Corners | $1,875,000 | |
| Listed by RE/MAX Four Corners | |||
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Piece of Heaven with gorgeous views to watch the deer, ducks, geese and turkey! 240 acres of cross-fenced land for your cattle or horses that includes approximately 1100 sq ft barndominium with 2 bedrooms and baths. Look out from the covered porch to the 18 acre lake that includes bass, catfish and crappie. Watch the deer, turkey, geese and ducks and relax. Living quarters is heated by electric, propane and wood burning stove. Kitchen has granite countertops, electric oven and dishwasher. Master bedroom spacious and has jetted tub in bath. Land is cross-fenced with corral and chutes. There are 7 ponds total including another 13 acre lake. 30x40 tack barn with 2 stalls, tack room, water and electric. Covered carport. Plenty of room for storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017