218 Deer Run Road
About This Property
Built in 1995 and offering just under 1,600 sq ft, the home features a smart split-bedroom layout, with the primary suite on one side and additional bedrooms on the other for added privacy. The primary suite includes double vanities, a separate tub and shower, and a walk-in closet, while the hall bath serves the secondary bedrooms with a tub/shower combo. The kitchen is spacious and functional, with generous counter space, ample storage, and a window overlooking the backyard and open land. Real wood flooring runs through part of the home, with carpet in select areas for comfort. The large laundry room with exterior access adds everyday convenience. A standout feature is the bonus room with its own bathroom and built-in bar, offering true flexibility-easily converted into a private in-law suite.
Recent updates include a new roof (2023) on both the home and outbuildings and a new water heater (2026). The home is equipped with central HVAC and also offers the option of a wood furnace for heating. Andersen wood windows reflect the home's solid construction.
Outside, the property opens up across just over 6 acres, creating a small farmstead setting with mostly open land and fruit trees including pear, plum, pecan, apple and persimmon and bushes of well producing blueberries! A long driveway sets the home back from the road for a sense of privacy without feeling isolated.
A major bonus is the large workshop with power and heat, along with multiple additional outbuildings-ideal for projects, storage, or hobby use. A 2-car attached carport completes the setup.
Internet options include T-Mobile and Starlink, making it easy to stay connected while enjoying the space.
If you've been looking for a property that offers usable land, practical living, and room to grow-without giving up convenience-this one delivers.
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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 |
|---|---|---|---|
| Apr 6, 2026 | Listed by EXP Realty LLC | $525,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017