259 WHEELER SCHOOL AND LOT ROAD
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%.
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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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Cummings & Co. Realtors | $665,000 | |
| Listed by Cummings & Co. Realtors | |||
| | |||
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Welcome to 259 Wheeler School Rd in scenic Pylesville—where thoughtful updates, functional spaces, and incredible outdoor living come together to create the ultimate retreat.
Situated on over 2.5 acres of privacy, this beautifully maintained 4-bedroom, 2 full and 2 half bath home has been extensively updated over the past year. The main level features a stunning gourmet kitchen complete with stainless steel appliances, quartz countertops, and luxury vinyl plank flooring that flows through the heart of the home. A flexible space—currently serving as a home office—can easily transform into a formal dining area, depending on your needs. The spacious primary suite offers a private en suite bathroom and a large walk-in closet. Three additional oversized bedrooms share a fully remodeled hall bath—ideal for family or guests. For added convenience, the laundry room and a powder room are also located on the main level.
The partially finished lower level includes a half bath and an impressive home gym setup, offering room to expand or customize to suit your lifestyle. The bonus room is finished, and offers a cozy pellet stove and door for outside access!
This home is equipped with a whole house UV water filtration system, radon remediation, and a reverse osmosis system in the kitchen—bringing peace of mind and everyday convenience.
Step outside and discover your freshly landscaped private oasis. The charming front porch is perfect for morning coffee and birdwatching, while the covered back patio is ready for summer crab feasts. The fenced-in in-ground pool area adds fun and safety, with an additional fenced yard between the home and pool—perfect for pets and little ones to play. A two-car attached garage and ample driveway parking ensure there’s room for everyone during gatherings.
Privacy, space, and modern comforts—all in one incredible property. Don’t miss your chance to call this one home.
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| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017