355 Posson Hill Road
About This Property
Inside, the HUGE eat-in kitchen/dining area is made for gathering and opens directly onto a massive deck overlooking the property the perfect spot to enjoy morning coffee, lovely summer evenings or watching a good snow fall. The spacious basement adds even more possibilities with a finished room that could serve as a game room, private office, or hobby space, plus plenty of room for a workshop or additional finished living area. A convenient half bath is also located in the basement along with laundry.
The metal roof is less than 5 years old, and the above ground pool is ready for a new liner and let the summer fun begin. This home needs some cosmetic TLC, but the space, acreage, setting, and potential are here! If you're looking for a large country home where you can put in some time, make it your own, and build equity along the way, this could be the opportunity you've been waiting for.Priced at $279,900 someone is going to get a LOT of value here!
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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 |
|---|---|---|---|
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Listed by Four Star Realty Group Inc | $279,900 | |
| Listed by Four Star Realty Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017