36 Farley Road
About This Property
The inclusion of a full bedroom and full bathroom on the first floor is a significant asset...perfect for a guest suite, a secluded home office, or "aging in place" accessibility.
The eat-in kitchen provides modern conveniences, while maintaining the home's integrity. The Second Floor features a dedicated primary suite with an attached bathroom. Two additional hall bedrooms share a full bath. There is additional unlimited potential in the walk up attic-must see. The unfinished lower level basement has great potential and includes direct yard access and leads to the attached one-car garage-a major convenience during the winter months. Also included is a house generator that comes on automatically when the power goes out.
The Greenacres Elementary School, a Nat'l Blue Ribbon School Winner in 2023, underwent a major expansion and renovation in 2020-2021. The proximity to the school makes the morning "school run" a simple stroll through one of Scarsdale's most charming neighborhoods. Adjacent to the school is a park and playing field. After drop off, it's a quick jaunt to the Hartsdale train station, shops and restaurants. In addition to the "Commuter Gold" location, you'll enjoy the Spring, Summer and Fall weekend veggie market, without needing a car for every errand. You'll have direct access to the Bronx River Parkway Trail and even better, you can participate in the local tradition of Bicycle Sundays, where the Parkway closes to cars for a 15-mile recreational loop. Bus to middle and high school available.
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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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by Julia B Fee Sothebys Int. Rlty | $1,399,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017