975 County Road 412
About This Property
A large year-round creek runs along the back of the property and 4 large stock tanks adding natural beauty and reliable water for livestock and wildlife. The mix of open pastureland and wooded sections provides both grazing areas and habitat, making it excellent for hunting. The varied terrain also offers multiple potential home sites with scenic views.
Because the property comes with no restrictions, you'll have the freedom to design it your way-whether that means building a custom ranch home, setting up a weekend getaway cabin, or expanding into an income-producing operation. With ample space for barns, arenas, stock tanks, or recreational trails, this tract is as versatile as it is beautiful.
Whether you envision raising animals, farming, hunting, or building your forever homestead, this 137 acres is ready to accommodate your goals.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017