300 Tara Lane
About This Property
Entering from the roadside, a fresh gravel parking area leads to a bluestone walkway, past the fire pit, and into the covered front entry deck. Inside, a spacious living room with wood burning fireplace and new laminate flooring is open to the kitchen and dining areas. A hallway with laundry nook and full bath with updated vanity then leads to the larger bedroom. The opposite end of the home has a second bedroom with mini-bay window looking out to the small side patio. Exit the living room to the huge covered back deck, which faces easterly with stunning distant views over the meadow and woods behind the home. A super well manicured lawn includes recent drainage work to manage natural moisture, areas for gardening and recreation, and even has an above ground pool. The shed is spacious for a workshop or storage for lawn equipment and toys. A trail system leads back through a delightful meadow and into some woods, passing a seasonal stream towards a rustic campsite near the back of the property. Systems updates include new 200 amp service to the pole (100 amp to the house), new water heater and pressure tank, exterior skirting and gutters, septic leach lines, and shed roof. Tara Lane is a private road, and the house is about 0.3 miles from the paved road - there is no winter plowing of this road, so it is more suitable as a seasonal residence. There is so much to consider here, it has all the vibes! All just minutes from the village of Franklin, 20 minutes to Oneonta (and All Star Village), under 10 minutes to I-88 access, and 2:45 to metro NY.
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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 9, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Price Decreased |
$130,000
↓ $18K
(12.2%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Keller Williams Upstate NY Properties | $148,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
| May 7, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017