3845B Rambling Road
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 |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2021 | No longer available | - | |
| No longer available | |||
| Nov 3, 2021 | Listed by The Platinum Group Real Estate | $3,118,500 | |
| Listed by The Platinum Group Real Estate | |||
| Oct 21, 2021 | Listed by The Platinum Group Real Estate | $3,750,000 | |
| Listed by The Platinum Group Real Estate | |||
| | |||
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This 198.95 acre ranch located in Palo Pinto County is a equine, cattleman's, or hunters dream property. The facts: Huge indoor arena covering over 2 acres with a 300' x 150' arena, 225' x 45' calf roping lane, 10 16' x 20 stalls, large tack room, game room, wood working shop, enclosed bus or living quarter trailer storage, multiple cattle pens and 25 RV hook-ups. Custom cattle working facility with 2 Trojan squeeze chutes for both small and large cattle. 3 story 5,300 sq ft, 5 bedroom home with a full basement, lots of porches and incredible views overlooking a large 10 acre lake. 6 stall horse barn with multiple workshops, covered equipment parking, and brand new executive offices.
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| Jun 25, 2021 | Relisted | $6,499,999 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017