53647 County Road 36.4
About This Property
The acreage provides abundant grazing land, ample space for horses or livestock, and endless possibilities for gardens, greenhouses, barns, or arenas. Whether you're building a self-sufficient homestead, expanding your horse operation, or simply wanting a peaceful rural lifestyle, this property offers the flexibility to make your vision a reality.
Inside, the farmhouse blends modern updates with classic country charm, providing generous living areas ideal for family life, hosting, and unwinding after a day spent outdoors. Nearly every window frames the beauty of the surrounding landscape.
Step outside to experience what makes this property truly special-expansive prairie views, breathtaking sunrises and sunsets, and crystal-clear night skies that showcase the stars like few places can. On clear days, you can even see the distant Rocky Mountains, reminding you just how unique this setting is.
For homesteaders, horse enthusiasts, or anyone seeking wide-open space and rural freedom, this Bovina property offers an exceptional opportunity to create the lifestyle you've always imagined.
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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 |
|---|---|---|---|
| Dec 4, 2025 | Listed by Rural American Realty | $495,000 | |
| Listed by Rural American Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017