370 County Road 116
About This Property
Welcome to your peaceful country retreat! This spacious 3-bedroom, 2-bath home offers 2,134 sq ft of finished living space and is set on 8.81 beautiful acres! Complete with a year-round creek, open pasture ready for animals, and plenty of room to grow. Start your mornings or wind down in the evenings on the covered back deck overlooking the tranquil creek! A perfect spot to relax and take in the serenity. Inside, you'll find quality updates completed in 2021, including a new metal roof, updated plumbing, HVAC system, and ductwork for added peace of mind. The home also features a basement with both finished and unfinished areas, offering flexible space for storage, a workshop, recreation, or future expansion to suit your needs. An attached two-car garage adds everyday convenience, while outside you'll also find a two-car carport, an RV carport, and multiple storage sheds?ideal for vehicles, equipment, and all your outdoor essentials. A standout bonus is the separate tiny home with its own septic system, offering excellent potential for in-laws, rental income, or a private office or studio. Whether you're dreaming of a mini farm, need space for multigenerational living, or simply want more room to enjoy the outdoors, this property offers peace, privacy, and endless possibilities. Buyer to verify all pertinent information.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | Listed by eXp Realty, LLC | $567,000 | |
| Listed by eXp Realty, LLC | |||
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by Century 21 Legacy | $495,000 | |
| Listed by Century 21 Legacy | |||
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Imagine coming home to this 3 Bedroom, 2.5 Bath Home on 10 +/- Acres with a nice large creek! As you drive down the long gated driveway you will love the feel of the country and the privacy this one has to offer. Finish up your day relaxing by the creek or enjoying the great view from your large covered back porch. This home offers updates, new roof in 2021, all new pex plumbing, new wiring, newer hvac with brand new ductwork, gleaming hardwood floors, fresh paint and updated floor plan on main level with master suite on main level and plenty of walk in closet space. There is a tiny home on the property with water and power and its own septic that could be used as a guest home or even Airbnb. Don't miss out on this great opportunity! This one won't last long! You gotta see this creek!!!! Set up your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017