751 Sullivan Road
About This Property
The land is well-suited for horses and cattle, offering open pasture and privacy while remaining conveniently close to town. A 40x60 insulated barn includes a full bathroom and tack room, providing excellent functionality for ranching, hobbies, or equipment storage. Located just minutes from Lake Bardwell, this property offers the perfect balance of seclusion, recreation, and accessibility.
A truly unique property offering space, water, and lifestyle-schedule your private tour today.
5th bedroom or office is not shown in pictures but shows in the floor plan.
Listing Agent will be present for showings. Owner has dogs but all friendly. Buyers Agent must be present with Buyers. Buyers pre-approval or POFs required before showing.
All information deemed reliable but not guaranteed. Buyer to verify taxes, schools etc.
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$1,690,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$1,790,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Dec 18, 2025 | Listed by City Real Estate | $1,890,000 | |
| Listed by City Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017