5375 Stallion Drive
About This Property
Whether you're dreaming of building a custom home, looking for an investment opportunity, or simply wanting a little more space between you and your neighbors, this property offers plenty of possibilities. The existing mobile home is being sold AS-IS and needs some TLC, making it an opportunity for someone ready to renovate and bring it back to life. Prefer to start fresh? Explore the possibility of removing the mobile home and building your dream home surrounded by nature and privacy.
For buyers interested in rental potential, the property previously generated over $13,000 in gross rental income in 2017. While past income doesn't guarantee future returns, it offers a glimpse into the property's investment possibilities.
Surrounded by other spacious 10-acre parcels, you'll enjoy a true country atmosphere without feeling completely disconnected from everyday conveniences. The wraparound driveway provides easy access and ample space for parking vehicles, trailers, boats, and recreational equipment. The existing home features a covered front deck perfect for enjoying quiet mornings and country breezes, along with a cozy fireplace inside. Recent improvements include an updated well, dishwasher, and stove. Additional features include vinyl siding and tile flooring throughout several areas of the home.
Whether you're searching for acreage, an investment opportunity, a weekend getaway, or the perfect piece of land for your future dream home, this 10-acre property offers the freedom and flexibility to make it your own. Come for the land, stay for the privacy, and imagine the possibilities!
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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 14, 2026 | Price Decreased |
$180,000
↓ $19K
(9.6%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by Coldwell Banker Realty | $199,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 18, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017