40574 & 40310 Ruth Hill 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 8, 2019 | Sold | ||
| Sold | |||
| Feb 16, 2019 | No longer available | - | |
| No longer available | |||
| May 6, 2018 | Listed by London Properties | $630,000 | |
| Listed by London Properties | |||
| Jun 20, 2017 | Listed | $630,000 | |
| Listed | |||
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This rare 177 acre cattle ranch is home to much wildlife including, deer, pig, and turkeys. It has two newer custom homes, each with private access. The larger home is a 2,340 sqft, 4 bed, 2.5 bath, & media room. The other is a 1,355 sqft, 3 bed, 2 bath. Both homes have open floor plans, attached garages, and many upgrades. This ranch is loaded with improvements, including, but not limited to a 60' round pen, 40 x 48 pole barn/tack room, 200x120 roping arena, pipe sorting pens, pipe frontage fencing, 2 springs, access roads, incredible views, less than an hour drive to the Central Valley, or Kings Canyon/Sequoia. You can easily lose yourself watching wildlife, hunting, relaxing, entertaining, ATV riding, horseback riding, shooting... A 150 acre portion of the land is in the Williamson Act, and it borders 280 acres of BLM. This place is ready for you to come out and start living your dream. 40310 Ruth Hill was built in 2005 and 40574 Ruth Hill was built in 2003. The manager has listed the unit size as 3695 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017