958 S Buffalo Road
About This Property
The property features a stocked pond, including an approximately 2-acre bass pond with impressive 2–5 lb bass and depths reaching 10–16 feet. A deep seasonal creek that runs throughout the property, adding both beauty and a reliable water source for wildlife.
Fully fenced aside from a portion at the very back, the land is well-equipped and ready to enjoy. Two bow hunting blinds will remain with the property, along with multiple maintained trails and roads throughout, serviced by the gas company for easy year-round access. A separate 10-acre section containing a gas well pad is cross-fenced off from the remaining acreage.
Wildlife is abundant with deer, turkey, and bobcats regularly seen on the property, making it an excellent hunting setup. Additional outdoor features include a rifle range, hackberry trees, June plums, picnic area, and lean-to structure.
Utilities are already in place with septic, water, and electric on site. The property is also set up for multiple campers with two 50-amp hookups and three 30-amp hookups already installed. The wilderness camper, picnic table, and table and chairs will all remain with the property. Additional improvements include large carports measuring approximately 20x40 and 12x40. This is a rare opportunity to own a versatile acreage property with incredible recreational features, established infrastructure, and endless potential.
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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 29, 2026 | Price Decreased |
$675,000
↓ $65K
(8.8%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$740,000
↓ $100K
(11.9%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Keller Williams SEOK | $840,000 | |
| Listed by Keller Williams SEOK | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017