230 County Road 422
About This Property
This 3-bedroom, 2-bath brick home sits on a spacious 1.18-acre lot and is ready for your vision. If you're looking for a project, this property offers the perfect canvas-solid bones, generous square footage, and room to create something truly special.
The home needs extensive TLC and updates throughout, making it ideal for investors, renovators, or anyone wanting to customize a home from the ground up. Outside, the large acreage provides plenty of space for expansion, outdoor living, gardening, or adding a workshop.
With the right improvements, this property could shine again. Bring your creativity and make this one your next project!
Buyer to verify all information. Sold as-is.
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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 |
|---|---|---|---|
| Feb 8, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Price Decreased |
$115,000
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Nov 30, 2025 | Listed by Keller Williams Realty | $120,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017