1598 Wyr #71400 Road
About This Property
The 2,474 square foot main cabin built in 2022 makes a striking impression with soaring wood ceilings, dramatic exposed trusses, and a substantial stone fireplace. Rich woodwork and generous gathering areas establish a lodge atmosphere, while the open layout keeps the oversized kitchen with island seating, extensive cabinetry, and broad workspaces, dining, and living spaces connected. Beautifully tiled showers, double vanities, and a dedicated laundry area complement the three-bedroom, two-bathroom home's rustic elegance. The secondary cabin, built in 2010, offers approximately 983 square feet with warm wood interiors, a welcoming living area, its own kitchen, bedrooms, three bedrooms, two bathrooms and laundry accommodations, in addition to an outdoor hot tub. Both cabins feature expansive back decks overlooking the pond and scenic surroundings, creating a memorable setting for entertaining, dining outdoors, and appreciating the beauty all around. An 1,107 square-foot three-bay garage (unfurnished) adds substantial parking and storage capacity. Cabin and garage sizes per appraisal.
Contact Listing Broker to schedule a private tour of this unique property firsthand.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Listed by Babcock Real Estate | $985,000 | |
| Listed by Babcock Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017