38
Map
3800 County Road 481
About This Property
The property is well set up for a variety of rural uses, including livestock, horses, hobby farming, recreation, or a private weekend retreat. Improvements include a 600-square-foot insulated workshop, 900-square-foot barn, storage shed, and 260-square-foot canopy area for livestock, feed, equipment, or additional covered storage.
With 20 fully enclosed acres, barbed-wire fencing, pasture views, and room to spread out, this property offers a strong combination of usable land, functional improvements, and comfortable country living. Conveniently located minutes from Thrall, with easy access to Taylor and approximately 20 minutes to Samsung. Option to purchase 10 acres may be available. Come see it 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 |
|---|---|---|---|
| Jul 7, 2026 | Listed by Newfound Real Estate | $649,900 | |
| Listed by Newfound Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017