5171 Galloway Road
About This Property
The property is set up and ready for your animals with a 10-stall horse barn complete with power, water, skylights, and a storage room. There are also multiple pole barns and storage buildings for hay, tractors, or equipment. The land is fenced and is ideal for horses, cattle, goats, or chickens. Deer are plentiful, providing excellent hunting opportunities, and there's even a fully stocked catfish pond with a fish feeder for quiet evenings by the water.
Investor, equestrian, mini-farm, or homestead opportunity! This unique property offers multiple purchase options with flexibility to fit your vision. Featuring barns, open acreage, and a pond, the possibilities are endless for farming, recreation, or building your dream estate.
Purchase options include:
• Entire property with barns and 32± acres -- $425,000
• South 12± acres -- $140,000
• North 10± acres with pond -- $165,000
Or purchase everything together at a discounted package price of $599,995! Rare opportunity to secure acreage with existing improvements and water features in one purchase or divide to suit your needs. Call today for additional details and showing appointments.
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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 9, 2025 | Listed by Elite Realty | $599,900 | |
| Listed by Elite Realty | |||
| May 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017