7979 County Road 229
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 |
|---|---|---|---|
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Alley Home & Land Co | $2,179,000 | |
| Listed by Alley Home & Land Co | |||
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Turn-key horse operation - an equestrians dream ranch
There is no shortage of amenities, for horses or people on this property. Situated on 100acres; a spacious 3 bed 2.5 bath main living quarters is accompanied by a beautiful and secluded 1 bed 2.5 bath open concept guest house; perfect for an onsite Ranch hand-manager. The primary residence features awesome vaulted ceilings and a beautiful stone fireplace; center piece to a quite large entertaining space complete with wet bar area. A six stall barn features it's very own office space and full bathroom. The property itself has more sand than any Texas beach (dramatic effect); perfect for keeping the horses in tip-top shape. Water ran underground to each of 9 separate turn out paddocks and 8 separately fenced pastures ensures your animals have water close by at all times.
There is more this ranch has to offer than I can list, do not miss your opportunity to own this gem!
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by HAYDEN REAL ESTATE | $1,398,000 | |
| Listed by HAYDEN REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017