3544 State Highway 85
About This Property
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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 18, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$374,900
↓ $4K
(1.1%) | |
| Price Decreased | |||
| Jun 5, 2025 | Listed by Coldwell Banker Realty | $379,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to Your Own Private Sanctuary in Laurel Hill. If you've been dreaming of a peaceful place to put down roots—with room to roam, space to create, and the freedom to live life your way—3544 State Hwy 85 might just be the one. Set on 3 beautiful acres, this just-over 2,000 sq ft home is more than a house—it's a lifestyle. Whether you're looking to spread out, start a mini homestead, or simply escape the hustle and bustle, this property is the kind of place that welcomes you home with open arms. Imagine mornings spent sipping coffee under the gazebo by the pool, listening to the fountain bubble while the sun peeks through the trees. The scent of gardenias floats on the breeze, your dogs are stretched out in the sun, your garden is freshly watered from the irrigated beds, and your home feels fresh and inviting with new paint in the main living areas.
Inside, you'll find 3 spacious bedrooms and an easy flow perfect for everyday living and casual gatherings. But it's what's beyond the walls that really sets this home apart. You'll love the garage that doubles as a screened roomthe perfect spot to sit and watch summer storms roll in without the bugs. Need a place to tinker, build, or create? The workshop is ready for you, fully equipped with power, water, and an automatic garage door. If animals are part of your world, they'll feel right at home too. There's a fenced-in stable area for your critters, and even a "Catty Shack" fit for a kingor your favorite feline. Chickens, goats, ponies, pups... this is the kind of property where your whole family (two-legged or four) can thrive. Whether you're hosting weekend barbecues by the pool, harvesting veggies from the garden, or just soaking up the quiet, this Laurel Hill property offers that rare mix of freedom, function, and heart. Conveniently located off Hwy 85 with quick access to Crestview and surrounding areas, you can enjoy the best of both worldssecluded country living with modern convenience nearby. If you're looking for a place where life feels simpler, animals are welcome, and there's space to grow into your next chapter, welcome home.
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| Jul 1, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017