50
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196 County Road 115
About This Property
It's hard to pick a favorite moment here - this historic property oozes warmth and understated elegance out of every corner. You can still feel the echoes of the past inside its walls. The wide plank floors and original woodwork reflect a legacy of loving care. The house has a pleasant and natural flow, with generously sized rooms, high ceilings, and an abundance of natural light.
A spacious informal entryway is anchored by a large cast iron stove and a delightfully surprising wood fired oven perfect for pizza nights and bread baking and features a convenient powder room with laundry. From here, the kitchen, with modern appliances and a vintage feel, opens into a cozy sitting area, so the cook needn't lack for company. At the front of the house, the dining room and parlor are both anchored by french doors that open onto the recently refreshed rocking chair porch and offer lovely views of the surrounding grounds. A formal front entry and staircase reflect genteel elegance in the their original details.
Upstairs are four very spacious bedrooms, each with closet and generous windows framing the idyllic landscape. The full bathroom on this floor leads to a hidden alcove with three additional rooms. Two are insulated spaces over the main house, currently used as a playroom. The third is a rustic workshop area, unheated but with electricity, that connects to a similar space below. The lower level functions as garden shed and also houses the bulk of the wood oven mentioned earlier.
Outside you'll find two covered porches overlooking mature trees and gardens, including maples, apples, pears, and lilacs. A stone patio extends your outdoor living space and overlooks the charming gazebo, perfect for rainy day meditations or perhaps an ad hoc greenhouse. Several additional outbuildings remain as a nod to the property's previous life as a working farm. There's opportunity here for folks with some vision.
Hidden away beyond the back fields lies a secluded pond. Once a favorite private swimming hole (and possible winter skating pond), the idyllic surroundings offer the perfect opportunity to create another destination gathering space on the property. Think cooling summer dips, picnic lunches dockside, and cozy winter bonfires after hiking around your more than thirty private acres.
Don't let the rural setting fool you - Odell Farmhouse still sits close to an abundance of local attractions. Bethel Woods Center for the Arts is just six minutes away, and features world class musical acts, bustling makers markets and seasonal attractions year round on the site of the original Woodstock Festival. The charming river hamlets of Narrowsburg and Callicoon are both just fifteen minutes away and offer farmer's markets, excellent shopping, and enticing cultural events that run the gamut from the Deepwater Literary Festival to the annual Tractor Parade. Be sure to check out local favorites The Heron and Black Walnut when you're in the mood to dine out. And make a night of it with a film at Callicoon Theater and a few frames at the newly reopened bowling alley.
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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%.
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 8, 2026 | Price Decreased |
$999,999
↓ $99K
(9%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed by Country House Realty Inc | $1,099,000 | |
| Listed by Country House Realty Inc | |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | In contract | - | |
| In contract | |||
| Jun 20, 2022 | Listed by Country House Realty Inc | $900,000 | |
| Listed by Country House Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017