3022 Blue Grass Drive
About This Property
Equestrian properties are truly extraordinary. There is nothing like waking up each morning to look out your window and see your horses just across the yard. When you own an equestrian property, it is unlike any way of life. Whether you're a seasoned competitor or a pleasure rider looking to ride along the trails, this 4+ acre property balances modern-day living with the ultimate equestrian lifestyle. Sun rises and falls right to left of property. Prevailing winds blow well on the lot. No mud taxes. Great school district. Close access to west park toll way & Hwy 99. 5 min from Randall's and Pecan Grove Country Club. No time limit to build. Use your own builder.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 18, 2025 | Listed by Daytown International LLC | $520,000 | |
| Listed by Daytown International LLC | |||
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Welcome to Grand River! Whether you’re a seasoned competitor or a pleasure rider looking to ride along the trails, this 4.219 acre property balances modern-day living with the ultimate equestrian lifestyle. Prevailing winds blow well on the lot. No mud taxes. Great school district. Close access to west park toll way & Hwy 99. Must see!
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| Nov 8, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Keller Williams Signature | $475,000 | |
| Listed by Keller Williams Signature | |||
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Welcome to Grand River!
Equestrian properties are truly extraordinary. There is nothing like waking up each morning to look out your window and see your horses just across the yard. When you own an equestrian property, it is unlike any way of life. Whether you’re a seasoned competitor or a pleasure rider looking to ride along the trails, this 4+ acre property balances modern-day living with the ultimate equestrian lifestyle. Sun rises and falls right to left of property. Prevailing winds blow well on the lot. No mud taxes. Great school district. Close access to west park toll way & Hwy 99. 5 min from Randall's and Pecan Grove Country Club. No time limit to build. Use your own builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017