3671 HALFWAY ROAD
About This Property
Step back in time and experience the charm of this c. 1780 log cabin expanded with two later additions. Nestled on the eastern slope of Fishback Ridge, Western View offers breathtaking vistas of the Blue Ridge Mountains, creating a storybook setting like no other.
The original cabin, anchored by a handsome fieldstone fireplace and exposed chestnut log interior, exudes warmth and character. Modern addition includes main level primary suite and 2 charming guest rooms on upper level of the original cabin. Surrounded by nature, this unique property includes several charming outbuildings, including: 3-stall shed row stable with tack room and run in shed, 3-bay equipment building with an artist's studio perfect for creative pursuits. Nature lovers will be captivated by the 20 acres of old-growth timber, while the remaining land is gently rolling pasture. A stunning building site overlooks a picturesque spring-fed pond, complete with a dock.
Western View is permanently protected by a VOF conservation easement, preserving the land's natural beauty and historical integrity. The easement also allows for the construction of an additional primary dwelling, making it a perfect opportunity to maximize the potential of this special property.
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 20, 2025 | Price Decreased |
$1,695,000
↓ $205K
(10.8%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$1,900,000
↓ $300K
(13.6%) | |
| Price Decreased | |||
| Feb 9, 2025 | Listed by Sheridan-MacMahon Ltd. | $2,200,000 | |
| Listed by Sheridan-MacMahon Ltd. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017