255 County Road 31
About This Property
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by Coldwell Banker Faith Properties | $439,000 | |
| Listed by Coldwell Banker Faith Properties | |||
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Charming Country Estate on over 2 Acres – Luxury, Privacy & Income Potential Welcome to your dream retreat! Nestled on 2+ lush, private acres, this beautifully appointed 4-bedroom, 3.5-bathroom country estate offers a rare combination of elegance, comfort, and versatility—just minutes from Chenango Lake, Chenango Memorial Hospital, Chobani, and local favorites like the nearby brewery. Step inside to discover a gourmet granite kitchen with premium finishes, a massive walk-in pantry, and a convenient laundry space—perfect for everyday ease and entertaining. Cozy up beside two fireplaces, or head downstairs to the expansive recreation room with a bar, ideal for hosting friends and family. Enjoy the warmer months in style with your heated in-ground pool, surrounded by serene green space and mature landscaping. Car enthusiasts or hobbyists will love the three-stall garage with open loft storage above—a perfect blank canvas for a home office, art studio, or workshop. Adding to the value is a fully functional 1-bedroom, 1-bath auxiliary unit, currently a successful Airbnb rental that provides steady income potential. With a whole-house generator for peace of mind during stormy days, this home blends practicality with upscale country living. All just 5 minutes from the conveniences of town and less than 2 miles from the water and public boat launch. Don't miss this one-of-a-kind opportunity to own a private slice of paradise with space, style, and income built in!
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| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017