11440 County Highway 14
About This Property
THE FARMHOUSE: Beveled-glass doors open to a center hall with a wide oak staircase and a living room with refinished wood floors, built-in bookshelves, and a bluestone fireplace (2024) - or, if needed, a first-floor bedroom suite. The kitchen pairs white cabinetry with a Sub-Zero refrigerator, GE Profile range, Corian island, and radiant-heated stone floors, opening to a bluestone terrace. Upstairs: a primary suite, yellow, blue, and green bedrooms (the last overlooking the ponds and valley), a shared bath, and a finished third-floor attic studio with eight windows.
THE BREEZEWAY connects a mudroom/yoga space, the courtyard kitchen garden, the Guest Lodge, and the antiques and auto barn.
THE GUEST LODGE: A two-story workshop-and-entertaining building - ground-floor garage, laundry, oil-fired forced-hot-air heat - with an upstairs showpiece: eight pond-facing windows, double glass doors to a covered deck, a wet bar, a Ponderosa wood stove, and a chef's kitchen with a Z Line range and Whirlpool refrigerator/freezer. A pool table, TV area, and spiral stair to a loft round it out.
THE ANTIQUES BARN & AUTO BARN: An 1890s dairy barn with original stanchions and concrete floor, updated beams, a former antique shop upstairs, and an auto barn with room for a substantial vehicle collection, pond-facing glass doors, and rough-in plumbing for a future bath.
Framed by all three buildings: a lawn, a kidney-shaped pond, and a fire pit ringed with Adirondack chairs, with 16+ acres of hillside, brook, a second pond, and valley beyond.
Minutes from Delhi, under half an hour to Oneonta, under 3 hours from the GWB.
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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.
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