8109 Doniphan Drive
About This Property
The size, location, and existing improvements make this an interesting opportunity for an owner-occupant or investor. The property's zoning may also offer potential for commercial use, giving buyers the opportunity to explore a variety of future possibilities for the property.
Buyer and buyer's agent to independently verify all information, including zoning, permitted uses, dimensions, utilities, and potential commercial or rental uses. Broker and seller make no warranties regarding unverified information. Buyer to perform their own due diligence prior to purchase.HOME IS OWNER-OCCUPIED. DO NOT DISTURB THE OCCUPANTS OR SHOW UP WITHOUT A SCHEDULED APPOINTMENT.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Listed by Home Pros Real Estate Group | $480,000 | |
| Listed by Home Pros Real Estate Group | |||
| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
| Nov 26, 2018 | Listed | $239,000 | |
| Listed | |||
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2 acres horse lovers farm along with producing pecan orchard. Possibility of income producing events such as hosting horse back riding tours or special events. Improvements include domestic well, irrigation well, Casita, covered and furnished patio, fireplace, BarBQ Pit, tack room, indoor corrals, outdoor corrals, storage room, chicken coops, shade room for livestock, fountain, covered parking for rrailers, horse bath, training ring, and access to more acreage in back to grow alfalfa. Back of property directs to Rio Grande.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017