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8775 Lone Star RD
About This Property
The 95'x30' barn built in 2012, features three 12'x30' implement bays, a large enclosed porch area that leads to a 30'x36' game room with bathroom, corner kitchen/bar area, pool table, shuffle board, game table and TV. A great space to entertain friends and family that could be expanded into a two-bedroom guest quarters.
The showpiece of the property is the 100'x155' barn built in 2020 that features the following:
60'x100" riding arena
three 12'x12' Priefert horse stalls
10'x20' tack room, 10'x20' office/storage, and 10'x20' hobby room
12'x16' wash rack
20'x50' concrete floored workshop
25'x100' implement storage area that can easily be converted to additional stall space
14'x50' RV storage by
Three 50-amp RV plugs
4-horse walker
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 |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$1,649,000
↓ $46K
(2.7%) | |
| Price Decreased | |||
| Jan 19, 2026 | Listed by Hodde Real Estate LLC | $1,695,000 | |
| Listed by Hodde Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017