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4027 Spring Branch Road
About This Property
The property currently features two residences: a mobile home and a charming three-bedroom, two-bath house that is cozy, comfortable, and fully livable perfect for immediate occupancy, rental income, or guest use while you plan your long-term vision.
A small pond adds to the property's natural appeal, offering a peaceful backdrop and enhancing the overall rural charm. The land is partially fenced, providing a great starting point for livestock, pets, or additional improvements.
Whether you're looking for a smart investment, a multi-use homestead, or a place to enjoy now and build later, this versatile acreage delivers space, flexibility, and opportunity all in one great package.
(Please do not disturb tenant.)
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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 24, 2026 | Price Decreased |
$1,199,000
↓ $101K
(7.8%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by The McKellar Group | $1,300,000 | |
| Listed by The McKellar Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017