151 Hankins Road
About This Property
Inside, the open-concept layout flows between the kitchen, living, and dining spaces, making it perfect for entertaining. Dual sliding glass doors lead out to an expansive deck. High ceilings with exposed architectural beams enhance the room's incredible volume and light. As day turns to evening, the space is bathed in warm afternoon sunlight, showcasing stunning sunsets through the trees.
A barn door leads to the primary suite. The ceiling height and high windows bring in loads of light and sky. A large walk-in closet was recently added. The en-suite bathroom has a tiled walk-in shower. A sliding door leads directly to the deck, where there is a great spot for lounging.
Down the opposite hall, two more bedrooms share a second bath with a walk-in shower, adjacent closet space, and a washer/dryer. The third bedroom has a large picture window with views out towards the river. A second deck opens off this wing and has its own sweet hangout spots.
Both sides of the home have their own decks. Have coffee on the eastern-facing deck in the morning. There is a handy outdoor shower there as well. The river-side deck is perfect for an evening cocktail, grilling, and outdoor dining. Plantings and a flower garden fill the circular driveway, and two additional sheds offer further storage. A trail has been cut through the woods, tracing a portion of the 10.5 acres.
Built in 1992 on 10.5 acres, the home has been substantially reworked by its current owners. Added insulation, including foam beneath the house, pairs with mini-split heating and cooling and a wood-burning stove to keep the main living area warm through winter.
A separate two-car garage handles parking and storage. A heated and insulated artist's studio or office has been recently created upstairs. It's usable year-round, framed by a view through the trees toward the river. Barn doors on either side of the space create storage areas. A water line was also run to the studio.
Hankins Road is regarded locally as one of the most beautiful dead-end roads in the region. A National Park Service river access point sits nearby, and Tusten Trail is close enough to reach on foot: a hike that starts right from the front door. The lively town of Narrowsburg is just 8 minutes away. There are so many great shops and restaurants here, one might think it's bigger than it really is.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by Country House Realty Inc | $949,000 | |
| Listed by Country House Realty Inc | |||
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Jul 31, 2019 | In contract | - | |
| In contract | |||
| Jun 6, 2019 | Listed by Century 21 Geba Realty | $499,000 | |
| Listed by Century 21 Geba Realty | |||
| | |||
|
Delaware River Magic! Fabulous find! Great Catskills modern home completely renovated features incredible great room with views of the Delaware . Sunny and airy with vaulted ceilings, wood stove and French doors to expansive deck to enjoy the views. Gorgeous kitchen with granite countertops, pendant lighting and subway tile back splash has large island for preparing meals, breakfast or guests. Large master bedroom suite along with 2 additional bedrooms lends itself well for family and friends. Large front deck for entertaining and so much more. Gorgeous 10+ acre parcel for hiking and enjoying nature along with incredible private river frontage to enjoy canoeing, kayaking and fishing. Not often does a property come on the market with all this! A Rare find!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017