8563 T L Ranch Road
About This Property
This substantial plot of land is ready for development, whether you envision a private residence, a small farm, or a recreational retreat. The land is ideally situated close to essential amenities, including schools, shopping centers, and parks, ensuring convenience while still offering a peaceful escape.
With easy access to major roads and highways, commuting is a breeze, making this property a prime location for those seeking both tranquility and connectivity. Utilities are readily available, simplifying the development process.
Don't miss this rare opportunity to own a sizeable piece of cleared land with endless possibilities. Explore the potential and make this remarkable property the foundation of your next great project.
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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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 9, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by eXp Realty LLC | $479,000 | |
| Listed by eXp Realty LLC | |||
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Discover the potential of this expansive 5.6410-acre cleared lot, perfect for your dream home or investment opportunity. Located in a serene setting, this property offers a blank canvas for your vision, with ample space for various uses.
This substantial plot of land is ready for development, whether you envision a private residence, a small farm, or a recreational retreat. The land is ideally situated close to essential amenities, including schools, shopping centers, and parks, ensuring convenience while still offering a peaceful escape.
With easy access to major roads and highways, commuting is a breeze, making this property a prime location for those seeking both tranquility and connectivity. Utilities are readily available, simplifying the development process.
Don't miss this rare opportunity to own a sizeable piece of cleared land with endless possibilities. Explore the potential and make this remarkable property the foundation of your next great project.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017