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701 County Road 107
About This Property
Inside, you'll find upgraded tile flooring, refinished cabinetry throughout the kitchen and bathrooms, custom full-weight knotty alder wood doors, matching crown molding, baseboards, and door casings, updated lighting in the kitchen and living room, upgraded ceiling fans, new smoke detectors throughout, Anderson windows and doors, and a built-in wine refrigerator. The finished garage features durable epoxy flooring along with a dedicated storage room for added functionality.
Outside, the property is equally impressive with upgraded exterior lighting, insulated pole barn with its own utility meter, a 1,500-gallon water tank, producing pear tree, and gated entry that can accommodate an automatic opener with keypad. With dual commercial and residential zoning, this unique property offers endless possibilities for a home-based business, workshop, hobby farm, or simply enjoying the privacy and space of country living while remaining conveniently close to Georgetown amenities.
This is a rare opportunity to own a meticulously maintained, move-in ready property with extensive upgrades, acreage, and unmatched flexibility.
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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 |
|---|---|---|---|
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 21, 2026 | Listed by LPT Realty LLC - Ascend Group | $820,000 | |
| Listed by LPT Realty LLC - Ascend Group | |||
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About Williamson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017