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29 Rand
About This Property
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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.
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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 |
|---|---|---|---|
| Sep 19, 2026 | Listed by EXP Realty | $1,500,000 | |
| Listed by EXP Realty | |||
| Aug 24, 2026 | Price Decreased |
$849,900
↓ $45K
(5%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by EXP Realty | $895,000 | |
| Listed by EXP Realty | |||
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Welcome to 29 Rand Road! A truly breathtaking property set on 3.09 private acres, offering the perfect blend of peace, privacy, and convenience. Proudly owned by the original owners since it was built, this meticulously maintained home is truly one of a kind. Enjoy the tranquility of country living while remaining just minutes from shopping, major highways, dining, and other everyday amenities. The spacious main home offers 4 bedrooms, 4 bathrooms, and an abundance of living space throughout. The updated kitchen features newer stainless steel appliances, ample cabinet space, and an abundance of natural light, making it the perfect place to cook and gather. Beautiful natural woodwork flows throughout the home, adding warmth and timeless character. The main level also offers a sun filled living room space, dining area that's open to the kitchen, a half bathroom, and a laundry area. Step up to the 2nd floor and you will find your very own. sun-filled primary suite offers direct access to a private walkout deck, creating the perfect retreat. The 2nd floor offer 3 additional, generously sized bedrooms, and an additional full bathroom for convenience. The walk-up attic is completely finished offing the perfect space to make a play room, library, office, etc. The finished basement provides additional living space and even includes a relaxing sauna. Adding even more versatility to the property is a detached 612 sqft ADU complete with its own kitchen, full bathroom, and bedroom, deal for extended family, guests, a home office, or potential rental income. A detached shed provides storage for tools and outdoor essentials. With its exceptional living space, unique features, and picturesque setting, 29 Land Road is a rare opportunity to own a property that offers both comfort and flexibility! Please see floor plans and subdivision plans attached to MLS listing.
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| Feb 20, 2025 | Listed | $1,300,000 | |
| Listed | |||
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29 Rand Road, a property that has it all, in a location that's quiet, yet still close to your necessities. Sitting on 20 acres, this estate features not one, not two, but three improvements. The primary home encompasses luxury, coziness, and functionality. Featuring 5 bedrooms, 4 bathrooms, and so much more. As you enter the home, you can come through the heated two-car garage, the front porch, or straight into the mudroom. The first floor includes your laundry room, half bath, dining/kitchen with LVP flooring, granite countertops, access to your large deck overlooking the back lawn, and the living room with hardwood flooring. The second floor has 4 bedrooms and two full baths, including a primary suite with a private balcony, cathedral ceilings, a walk-in closet, and a full bath. The third floor offers an approved 5th bedroom which can be used as a bonus room, perfect for a private retreat, along with access to a cozy library. The basement has been turned into an office space with two additional rooms, half bath, and a sauna room. The second improvement is your guest house, which spans 3 floors. The first floor is the living room, the second floor features a full kitchen with dining space and a ¾ bath, and the third floor houses the bedroom. The third improvement is a 1,800 sq ft recreation hall, this space is perfect for hosting and entertaining. Below the recreation hall is a full-sized workshop with two 13-ft garage doors. This space also includes a half bath and office.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017