26
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Sheep Ranch Rd #24
About This Property
Gum Branch forms approximately 400 yards of the western boundary, providing year-round live water and excellent wildlife habitat. The land is primarily flat to gently rolling, offering multiple homesites and outstanding usability.
Power and public water are available at the road. Located less than 4 miles from Burnt Mill Bridge and the Big South Fork National River & Recreation Area, 19 miles from Oneida, and approximately 70 miles from Knoxville. A versatile tract offering the access, water, timber, and unrestricted acreage that today's land buyers are searching for.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Country Tracts Real Estate, LL | $522,368 | |
| Listed by Country Tracts Real Estate, LL | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017