25 JOHN OWINGS ROAD
About This Property
This private 5-bedroom, 4-bath home on a large corner lot offers over 3 acres of peace and space to spread out. Recently updated with over $200,000 in renovations, the home features brand new floors, drywall, trim, lighting, and a redesigned open layout. The gourmet kitchen shines with KraftMaid cabinetry, quartz countertops, a large island, and professional gas range. All bathrooms have been beautifully remodeled, including a double vanity in the main bath.
The vaulted wood-ceiling sunroom overlooks the property and provides the perfect space to watch deer and wildlife. Major system updates include a new HVAC with propane backup, updated electrical, new plumbing, roof, and solar panel replacements.
The lower level is roughed in for a second kitchen and two baths, with its own entrance-ideal for multi-generational living, rental potential, or conversion back to a legal two-family home. A detached garage with workshop and double-tier carports add to the appeal.
Live upstairs while you pick the finishing touches for lower level, all the hard stuff is done, just the sexy finishing touches to go- Sellers loss is your gain!
*** There is currently a 5.25% VA loan which could be assumed by some buyers.
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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 11, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | Price Decreased |
$569,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Nov 3, 2025 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Decreased |
$599,000
↓ $41K
(6.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017