1528 PROVIDENCE RD
About This Property
The farmhouse, rich in character and history, boasts original features like hardwood floors and a cozy fireplace. With ample finished space, including 4 bedrooms and 2-1/2 baths, there is also a large unfinished basement, perfect for a woodworker or hobbyist. This home provides endless potential for restoration or customization. Outside, the expansive acreage offers plenty of opportunities for hiking, gardening, or simply enjoying nature at its finest. The yard offers direct access to the walking trails of the Loch Raven watershed.
Whether you're looking for retreat, a homestead, or an investment opportunity, this rare wooded gem won't last long!
** Key Features: **
- 3.4 acre lot
- Classic farmhouse set back from the road
- 4 bedrooms, 2-1/2 baths
- Peaceful, private setting
- Minutes from town and local amenities
- Rare opportunity in a desirable area
Contact us today to schedule a showing and experience the charm and tranquility of this unique property! This property is sold as-is/ cash or conventional financing only.
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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 |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Relisted | $650,000 | |
| Relisted | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Relisted | $650,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017