11 BROWNING Road
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 19, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by HEATHER CRONER RE-SOTHEBY'S ML | $519,900 | |
| Listed by HEATHER CRONER RE-SOTHEBY'S ML | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Price Decreased |
$590,000
↓ $38K
(6.1%) | |
| Price Decreased | |||
| May 6, 2019 | Listed by HEATHER CRONER RE-SOTHEBY'S ML | $628,000 | |
| Listed by HEATHER CRONER RE-SOTHEBY'S ML | |||
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In Rhinebeck vicinity, about 12 minutes down the road, from Rt 9G, is this centrally located 18-acre property set in the quiet and picturesque Rombout Hunt countryside. With pastoral views in three directions, including open fields, pastures and paddocks, a small pond, the Catskills in the distance to the west, there is not a building in sight. The 1875 farmhouse, plus its significant 1987 addition, new knotty pine flooring, and a newly renovated white kitchen, has large circulating space for entertaining, from the cathedral-ceilinged living room with fireplace, out to a western facing screened porch high above the road and the stone patio outside, as seen from the large living room windows. None of this is visible from the road. Proceeding into the house one finds a central area for family living, with a wet bar, beamed ceiling, cozy sitting area and fireplace beside the open kitchen, which then opens into a formal dining room. Off the foyer is a private den, or media room, home office or even another bedroom. The original master suite above, with picture window views to the west, includes bath, dressing area, walk-in closet and access to two storage areas. In the newer wing, a spacious, two-bath master suite above the modern garage has its own balcony facing the pastoral views behind the house. Central air is installed; structural and system updates are superb (the well was even re-frac'd). On the lower level a legal one-bedroom apartment with its own patio entrance can accommodate family members, guests, or a tenant. Horse facilities remaining on the property include jumper field, outdoor riding ring, two fenced paddocks, run-in sheds, and a pond all suitable for smaller animals too. Previous agricultural exemption. Whether for relaxation, making the land productive, or entertaining, this property is hard to beat. And the land is beautiful. The manager has listed the unit size as 4213 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017