500 County Road 442
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by Keller Williams Brazos West | $3,390,000 | |
| Listed by Keller Williams Brazos West | |||
| | |||
|
RSVP for the Open Ranch event Thursday, May 2nd, 12:00-5:00 PM. The Wallace's Leon River Ranch is an exceptionally clean, turnkey working ranch with professional grade horse facilities, located just 22 miles from Stephenville. From the gate to the furthest corner of the river bottom, this ranch is immaculate, functional and productive. The owners searched for abundant groundwater and productive soils, and they found them here. Now they are ready to pass the reins to the next owner who will benefit from the facilities. The ranch is well known for the large 250'x125' covered arena, which doubles as a roping and cutting pen. Other highlights include a 10 stall barn, 6 water wells, four irrigation wells, ability to irrigate 20 acres of paddocks, working pens, and good cross fences. In 2021 they cut 750 bales of hay were cut, and cut 370 in the drought of 2022. The main house was tastefully remodeled and updated with granite, luxury fixtures, commercial appliances, and swimming pool.
| |||
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Nov 24, 2023 | Listed by J.J. Hampton Realty | $3,995,000 | |
| Listed by J.J. Hampton Realty | |||
| | |||
|
A horse lovers dream! 273+ acre ranch w- numerous income producing opportunities. An adorable 1,660 sqft farmhouse, built in 1936 that has been completely remodeled w- high end finishes yet still has tons of character & charm, then step outside & enjoy the pool oasis. Property also includes a 2-1 bunk house & a 2-2 guest house. 130x275 ft. indoor, lighted arena, adaptable for roping, barrel racing or cutting, as well as a round pen, return alley & holding pens. Arena further houses an office, kitchen, bathroom, a tack room w- a rotating saddle wall, med room, wash rack & 10 stalls all w- runs. Acreage is set up & ready to go w- 2 cattle pens, 5 turnouts w- cover, large hay or equipment barn & a 40x60 3-bay insulated & temp.-controlled shop. 3 large, improved pastures, 8 water wells w- irrigation or water ran throughout the property, 2 stock tanks & over 1 mile of Leon River frontage that boarders the back of the property. All this & so much more, come take a look today! The manager has listed the unit size as 1660 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017