161 Paintbrush LN
About This Property
The heart of the home features an expansive living area anchored by soaring 25-foot ceilings and a cozy wood-burning stove, perfect for crisp winter evenings. Culinary enthusiasts will admire the gourmet kitchen, which boasts sleek quartz countertops and a massive 10-foot island designed for gathering. High-end finishes extend throughout the interior, including stained concrete flooring on the main level, vinyl plank upstairs, and vaulted ceilings in every bedroom. Thoughtful custom details set this home apart, from the built-in loft bunk bed in the kids' suite to the highly convenient laundry chute connecting the master bath directly to the laundry room. There is an additional primary bedroom on the main level with a full ensuite bath.
The exterior is designed to embrace the beauty of the landscape, featuring a durable metal roof and a classic wrap-around porch that invites you to enjoy 360-degree views of breathtaking sunsets. Relax on the private balcony overlooking the neighbor's pond or unwind in the primary suites' deep soaking tubs. The sprawling acreage is a haven for local wildlife, including blackbuck antelope, turkey, and jackrabbits, providing a true sanctuary feel. Complete with a private septic system and endless charm, this property offers a rare opportunity for sophisticated country living on a manageable, tax-efficient tract of land.
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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 |
|---|---|---|---|
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Price Decreased |
$550,000
↓ $84K
(13.3%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$634,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| Mar 28, 2026 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017