5825 Blacksmith
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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Real Broker, LLC | $410,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to your dream property in Marion, TX - where modern living meets country charm! Situated on a spacious and private 3-acre lot, this fully updated home offers the best of both worlds: high-end interior finishes and the freedom of rural living with no HOA. As you pull up, you're greeted by a gated entrance that provides both privacy and a warm welcome home. Step inside to find a beautifully renovated interior featuring custom cabinetry, modern fixtures, and thoughtful touches throughout. Every detail has been upgraded to provide comfort, style, and functionality - making this home truly move-in ready. Outside is where this property really shines. Whether you're a hobbyist, an animal lover, or just someone who enjoys space to breathe, this one has it all: A large shop for storage, tools, or weekend projects; A covered carport to protect your vehicles or equipment; Well-maintained horse stables perfect for families involved in FFA or 4H; Wide open land to roam, ride, or relax. This home offers everything you need for the rural lifestyle you've been dreaming of - without sacrificing quality or comfort. Homes like this in Marion don't come around often, so don't miss your chance to make it yours! Best and Final due by 6PM 4/2/25.
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| Nov 15, 2013 | Sold | ||
| Sold | |||
| Sep 19, 2013 | Listed by Karen McMillan + Assoc REALTOR | $213,900 | |
| Listed by Karen McMillan + Assoc REALTOR | |||
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Charming 3/2 farmhouse circa 1930 on 3+ acres. Very cute and cozy...with many original features (wood floors, bead board ceilings and wainscoating, crown molding and 9' ceilings. Electric front gate and totally fenced with huge oaks and a variety of fruit trees. Old smokehouse (potting shed), tractor shed, dreenhouse and oversized 2 car garage. The house you have been waiting for..in the country but centrally located.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017