3945 & 3835 CR 833
About This Property
This exceptional property consists of two separate 40-acre adjacent parcels. It boasts a stunning natural landscape featuring large oak trees and some pastureland. This could be the ultimate getaway ranch. The property offers exclusive access, ensuring a high degree of privacy. Imagine waking up to the sight of wildlife such as deer and turkeys roaming freely.
The amenities include a large pole barn and an enclosed barn with Fencing. Also water (well) and electric, along with high-speed internet. Adjacent 40 acre lot address is 3835 CR 833 and is available to be purchased separately - see MLS 2025018777.
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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 |
|---|---|---|---|
| Oct 16, 2025 | Listed by RE/MAX Gulf Coast Living | $2,160,000 | |
| Listed by RE/MAX Gulf Coast Living | |||
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