28
Map
3935 CR 463
About This Property
On this particular piece, you'll find a sturdy 3,500 sqft barn set on a concrete slab that is ready for your creativity. It can be converted into a full living space or finished out as a functional barn.
There is currently a wildlife exemption on the property which has a tremendous effect on property taxes, keeping them well under $400 per year.
One of the more unique features of the land is the pond, which offers a peaceful retreat away from the city. The entirety of the land is surrounded by high fences so that if the new owner chooses to bring livestock onto the property, they won't be able to jump over it.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 2, 2025 | No longer available | - | |
| No longer available | |||
| Aug 5, 2024 | Price Decreased |
$570,000
↓ $40K
(6.6%) | |
| Price Decreased | |||
| Feb 15, 2024 | Listed by eXp Realty, LLC | $610,000 | |
| Listed by eXp Realty, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2025
| |
Loft
|
-
|
-
|
$580,000
Loft
-
|
$450,000
-22.41%
06/17/2025
|
Taylor Homuth
Spyglass Realty
|
|
02/15/2024
| |
Loft
|
-
|
-
|
$610,000
Loft
-
|
-
-
|
Daphne Santa-Maria Quay
eXp Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017