736 Upham Road
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 4, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2023 | Listed by RE/MAX Classic Realty | $1,900,000 | |
| Listed by RE/MAX Classic Realty | |||
| Feb 3, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2022 | Listed by RE/MAX Classic | $1,900,000 | |
| Listed by RE/MAX Classic | |||
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If you are searching for an exceptional value in a rural ranch, don't pass up this working cattle operation located within five miles from Space America. Over 984 acres with leased BLM land, pastures, working corrals, 14 miles of fencing, several storage buildings, hay barn, and other extras. Small apartment with kitchen area, bedroom, and bath added to one of the storage buildings, paved road frontage, and 360 degree views make this one a winner. Excellent working ranch with development opportunity located between Virgin Galactic / Spaceport America & Elephant Butte lake. usable acres > 5000. Easy to purchase with owner financing available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017