156 Sander Road
About This Property
Located on a gravel road in the rolling hills outside of Jeffersonville, NY, the property has over 7 sprawling acres of land that are bordered by forest and mature trees. With expansive and flat open spaces, there are plenty of opportunities to develop the property by installing a pool or building a guest house.
When you enter the house, you are greeted by a modern open floor plan. The sellers have taken down several walls in order to open up the space between kitchen, dining room, and living room. The kitchen is ready for cooking all of the spoils from local farm stands with new countertops and backsplash, sink, and stainless steel appliances.
Upstairs you'll find three spacious bedrooms and a full guest bathroom with a new tub and shower. The primary bedroom was originally two rooms that have been combined for extra space. The ensuite primary bathroom has been fully renovated with quality finishes for a spa-like experience.
The Norway Spruce is located an easy 7 minute drive from Jeffersonville, where one can find coffee shops, a grocery store, wine shop, book store, restaurants, and shopping. For more options, you are only 15 minutes from the buzzy towns of Callicoon, Livingston Manor, and Roscoe. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Price Decreased |
$525,000
↓ $50K
(8.7%) | |
| Price Decreased | |||
| Sep 23, 2024 | Listed by Country House Realty Inc | $575,000 | |
| Listed by Country House Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017