3859 MOUNT PLEASANT ROAD
About This Property
This completely renovate 1200+ sq ft 3 bedroom farm home is located on 3+ acres. This home was fully permitted and seller replaced roof, windows, water heater and redesigned interior from the studs up. Main level features an owner suite with a full bath, a great room, and a gourmet kitchen with all new appliances. There is new luxury vinyl plank throughout. The second floor has two additional bedrooms . A full bath services these bedrooms. Home is equipped with mounted TVs in all bedrooms and the great room. The lot is wooded and has a detached shed, a garage and a carport. The front yard is sloped with the house perched off the roadway with a great usable rear yard to make this property sustainable. Well and septic are certified and ready to go.
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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 12, 2026 | In contract | - | |
| In contract | |||
| Oct 5, 2026 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Oct 3, 2026 | Price Increased |
$400,000
↑ $50K
(14.3%) | |
| Price Increased | |||
| Aug 31, 2026 | Price Decreased |
$350,000
↓ $50K
(12.5%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by RE/MAX Executive | $400,000 | |
| Listed by RE/MAX Executive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017