8500 County Road 121
About This Property
Numerous oak trees and mesquite, there is two old cultivated fields that could be put back in cultivation or plant in improved grasses once the mesquite is cleared. There is a ridgeline on the east side of the property, with fantastic views to the east and south. There is a seasonal creek bed (West Holloway Creek) on the north side of the property.
The fences are in good to fair shape except for the east side where a new fence will need to be built.
Water is available.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 14, 2026 | No longer available | - | |
| No longer available | |||
| Apr 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 16, 2025 | Price Decreased |
$1,889,000
↓ $100K
(5%) | |
| Price Decreased | |||
| Jul 14, 2025 | Price Decreased |
$1,989,000
↓ $111K
(5.3%) | |
| Price Decreased | |||
| Jun 10, 2025 | Price Decreased |
$2,100,000
↓ $285K
(12%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017