961 County Road 484
About This Property
The land itself is a haven for sportsmen and nature enthusiasts. Mature timber, natural draws, and diverse habitat support thriving populations of whitetail deer, hogs and small game. Whether you're hunting, watching wildlife, or simply exploring the woods, the property offers endless adventure. Established trails and clearings create easy access throughout the acreage, while the iron-ore track provides a distinctive, durable route to the lodge and around the lake.
A prepared slab near the lodge has plans for future guest accommodations-perfect for expanding the ranch into a multi-generational getaway or hosting friends during hunting season. With a timber exemption already in place, the property benefits from favorable tax treatment while preserving the ecological integrity of the land.
The 5-acre lake enhances both the recreational and aesthetic value of the property. Its serene shoreline is ideal for fishing, kayaking, or quiet mornings on the porch overlooking the water. The lodge's placement above the lake creates a striking focal point, blending rustic charm with the comfort of a well-designed basecamp.
Whether envisioned as a private hunting sanctuary, a family retreat, or a long-term land investment, this 103± acre tract delivers the rare combination of natural beauty, wildlife abundance, and thoughtful infrastructure. It is a property where adventure, quietude, and legacy converge-ready to be enjoyed from the moment you arrive.
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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 28, 2026 | Listed by Dave Perry Miller Real Estate | $1,725,000 | |
| Listed by Dave Perry Miller Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017