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350 Richard RD
About This Property
Inside, the living room is defined by a vaulted ceiling, tile flooring, and a cozy wood-burning tile fireplace. The kitchen comes equipped with stainless steel appliances, while the formal dining room provides a structured space for family dinners. Soft carpeting, crown molding, and a ceiling fan create a comfortable retreat in the bedrooms. The primary suite includes a walk-in closet alongside a primary bath added to the home in 2008, featuring a spa jetted tub. Practicality is found in the laundry room, which includes a sink and direct access to the patio. Outside, the fenced property features a pool, storage structures, outbuildings, and a detached 24 by 36 workshop/garage that provides vehicle parking and dedicated project space.
Ample parking options include a spacious gravel driveway alongside a separate driveway equipped with an electrical plug-in hookup for an RV. This property offers plenty of outdoor space for gardening, chickens, goats, or a horse, combining rural utility with functional living.
To experience this unique Georgetown acreage and tour the versatile workshop and updated home, schedule a private showing today.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$714,900
↓ $9K
(1.3%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Keller Williams Realty Lone St | $724,000 | |
| Listed by Keller Williams Realty Lone St | |||
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About R M Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017