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28 Douglas Road
About This Property
A covered side porch and patio extend the living space outdoors, while the one-car garage and full basement provide useful storage and workspace. The home has been lovingly maintained and improved for decades. The basement features an epoxy floor installed in 2022 and an Adirondack Basement system installed in 2017. Additional updates include a newer roof and washer and dryer from 2025.
Set on Douglas Road in the heart of Olde Delmar, the home is convenient to the Four Corners, the Helderberg-Hudson Rail Trail, Bethlehem Public Library, Bethlehem YMCA, Delaware Ave, and the Delmar Bypass, in the highly sought-after Bethlehem Central School District. For a house that has seen more than eight decades of life, 28 Douglas Road retains a remarkable amount of what made it distinctive in the first place.
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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 |
|---|---|---|---|
| Oct 22, 2026 | Sold | ||
| Sold | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Coldwell Banker Prime Properties | $385,000 | |
| Listed by Coldwell Banker Prime Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017