21
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265 Longwoods Road
About This Property
Outside, you'll find a 24' in-ground pool, two storage sheds, a spacious 24' x 58' barn equipped with water and heat, making it ideal for livestock, hobbies, or workshop space. An electric fence surrounds the property, adding convenience for those with animals. Adding to the privacy of this location is the large amount of active farmland surrounding the property that has been protected from development in perpetuity.
Nature lovers will appreciate the pond and stream that enhance the property's scenic setting. Numerous renovations have already been completed, with just 3-4 rooms remaining to refinish, giving the next owner an opportunity to add their own personal touches while building on the substantial work already done - creating the possibility for up to 5 bedrooms.
This unique property combines practical updates, versatile outbuildings, and beautiful natural features, making it an exceptional opportunity for those seeking country living. Property includes a newer 84" flat screen TV, and an extra stove, refrigerator and freezer.
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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 1, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Relisted | $66,500 | |
| Relisted | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 9, 2026 | Price Increased |
$289,000
↑ $223K
(334.6%) | |
| Price Increased | |||
| Aug 3, 2026 | Relisted | $66,500 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017