280 Main Street
About This Property
Set in the hamlet of Pine Hill and just minutes from Belleayre Mountain, this generously sized 4BR/2BA colonial (circa 1876) offers a practical and well-maintained home base for year-round living, weekend getaways or seasonal income opportunities. While the interior awaits your personal touch, the sellers have taken care of the big-ticket items: a new 40-year roof, boiler, hot water heater, electrical panel, exterior paint, and a freshly laid gravel driveway-all providing peace of mind and a great foundation for future updates.
The home features a wood-burning stove, first-floor laundry and mudroom, and a dedicated workshop/ski-tuning area perfect for winter sport lovers. A private office (currently being used as a bedroom) on the main level offers a quiet space for remote work or creative projects.
Out back, enjoy a flat and private yard, a sunny back deck ideal for entertaining, and a garage and woodshed for ample storage. With solid bones, flexible space, and key updates already in place, this home is ready for its next chapter. ** MUNICIPAL WATER & SEWER ** Seasonal rental history available upon request.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$299,000
↓ $26K
(8%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by Keller Williams Upstate NY Properties | $325,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017