3724 Ranch Road 3347
About This Property
Land: The land is extremely diverse with a high fenced area with an orchard and the other with improved grasses. The property is a good balance between groomed and improved pasture while being more rugged towards the back with impressive views and ample cover for wildlife. There are multiple small to medium sized ponds and a rock water impoundment area just West of the house. The property is low fenced on 3 sides with the East side high fenced. There is a custom rock entrance & electric gate along the frontage of RR 3347. This property offers direct access off blacktop road and there are no access easements through the property. A power easement cuts across the back of the property.
Water/Utilities – There are a total of 6 water wells on the property (3 in current use) with PEC power installed and 500 gallon propane tank (leased). There are also 2 solar arrays, 2 Sol-Ark power inverters along with 1000 gallon propane tank (owned) powered Generac generator to keep the lights on and highlight your targets when the zombies approach from the cities post snowpocalypse or EMP event.
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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 |
|---|---|---|---|
| May 14, 2026 | Listed by Anders Realty & Mortgage Group | $3,395,000 | |
| Listed by Anders Realty & Mortgage Group | |||
| Jun 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 21, 2023 | Price Decreased |
$3,799,950
↓ $200K
(5%) | |
| Price Decreased | |||
| Aug 3, 2023 | Listed by Topper Real Estate | $3,999,950 | |
| Listed by Topper Real Estate | |||
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Spectacular 167.93 Acre Ranch on the Blanco and Llano County Line. This Ranch offers tons of vertical improvements including a main house, a new barn (40x75) with a 1,000 sqft. apartment. Offering a full bathroom and kitchen with a utility room. Also on the property is an old hunter's cabin which can sleep a ton of guests, and a 2-bedroom 2-bath manufactured home. There are also several run-in sheds and storage buildings. The Main house is phenomenal consisting of 3 bedrooms and 2 1/2 bathrooms, showcasing an expansive open floor plan with a 1,000 sqft covered back porch and a hot tub pool!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017