238 S Centerville Road
About This Property
This exceptional property offers privacy, comfort, and extensive amenities set on 22.6 picturesque acres. The master bedroom and bathroom were updated in 2016, complemented by a wet bar in the family room-perfect for entertaining. The home features three fireplaces and a wood stove, creating warmth and character throughout.
Major mechanical updates include a new furnace, hot water heater, oil tank, and six heating zones. The roof is approximately 12 years old with 40-year shingles, and vinyl windows were replaced in 2012. A water softener and water filtration system were installed 8 years ago.
Also completed were: Anderson Sliding Doors, Wood floor in Kitchen, New Back Deck and Front Porch, Newly painted interior, New Cap on Chimney.
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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 |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$799,999
↓ $34K
(4.1%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$834,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jul 19, 2026 | Price Decreased |
$839,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$844,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Dec 22, 2025 | Listed by BHG Real Estate Green Team | $849,000 | |
| Listed by BHG Real Estate Green Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017