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    Kentucky Retreat: 6-Acre Recreational Haven Title is generated by Realmo AI

    430 E W Hatcher Road, Horse Cave, KY 42749

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    Claim this Listing
    New
    For Sale
    $125,000

    Farm House, Residential Farm - Horse Cave, KY

    Type:Farm
    Property size:
    1,552 SF
    Lot size:
    6.00 Acres
    Price / SF:
    $80/SF
    Added:
    May 21, 2026
    Days on Market:
    3
    Last Refresh:
    May 23 at 3:06 pm

    Property Features for 430 E W Hatcher Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Patio and Porch features
    Porch
    Interior features
    None
    Exterior features
    Covered Front Porch, Out Building, Porch, Trees, Partial, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    None
    Standard status
    Active
    Size
    1,552 SF
    Lot size
    6.00 Acres

    Utilities

    Heating system
    Fireplace(s)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1926
    Flooring type
    Hardwood, Laminate
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Paul Thomas

    Listing agent Paul Thomas

    Listing office MOSSY OAK PROPERTIES HART REALTY 819 Main Street, munfordville, KY

    Listing date May 21, 2026

    MLS# HK2602090 Listing URL

    Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6‑acre property suitable for recreational use, hunting, or building a dream home.
    • 2‑bedroom, 1‑bath residence providing a solid foundation for customization or renovation.
    • Abundant wildlife, including deer and turkey, for hunting and nature observation.
    • Located in Horse Cave, Hart County, Kentucky, known for its natural beauty and community charm.
    • Mix of hardwood and laminate flooring, fireplace, covered front porch, outbuilding, and partial fencing.
    • Essential utilities are in place, awaiting setup.

    Overview

    Located in Horse Cave, Hart County, Kentucky, this 6-acre property offers a blend of residential comfort and recreational adventure. Currently enjoyed as a recreational haven, this property holds immense potential beyond its present use. The land presents a diverse landscape ready for various outdoor activities and personal enjoyment. The property features a residence with 2 bedrooms and 1 full bath. The existing structure provides a solid foundation for creating your dream home or a charming recreational lodge. The potential for enhancements is limitless, allowing you to tailor every detail to your preferences. The property is prepared to accommodate modern living with essential utilities. Nature enthusiasts will delight in the abundant wildlife, including small game, turkey, and whitetail deer, making this an excellent spot for wildlife observation and hunting. The diverse vegetation on the property creates a rich habitat, offering a beautiful natural environment to explore and enjoy. The property is perfectly suited for continued recreational enjoyment and hunting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Horse Cave
    County
    Hart
    State
    Kentucky
    Longitude
    -85.8849556
    Latitude
    37.1659335

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    FAQs

    What type of property is this?
    Farm - 6-acre retreat in Horse Cave, Kentucky, perfect for recreation.
    Where is this farm located?
    The property is located at 430 E W Hatcher Road Horse Cave, KY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 6‑acre property suitable for recreational use, hunting, or building a dream home.; **2‑bedroom, 1‑bath residence providing a solid foundation for customization or renovation.**; **Abundant wildlife, including deer and turkey, for hunting and nature observation.**
    (270) 537-4422
    We can help!
    Listing Contact
    Paul Thomas
    Real Estate License ID: 200234
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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