389 CARR HILL ROAD
About This Property
The spacious kitchen and open living areas flow seamlessly to the outdoor entertainment spaces, including a composite deck, partially screened porch with ceiling fan, and a stamped concrete patio complete with fire pit. Enjoy recreation and relaxation with your own private bocce court and expansive countryside setting.
The full unfinished basement boasts 9+ foot ceilings, a finished full bath with ceramic tile floor, utility/storage area with utility sink, and endless potential for additional living space. Car enthusiasts and hobbyists will appreciate the attached oversized 3-car garage along with a detached 2-car garage featuring a workbench and coach-style garage door.
Additional highlights include geothermal heating and cooling, 400-amp electric service, 16 kW Generac generator, and two exterior propane hookups for barbecues and outdoor entertaining. A rare opportunity to own a beautifully crafted home combining modern comfort, efficiency, and breathtaking natural surroundings.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Relisted | $799,900 | |
| Relisted | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Sites Realty, Inc. | $829,900 | |
| Listed by Sites Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017