3904 Manly Farm Road
About This Property
On the first floor, gleaming hardwoods flow through the dining room, family room, and kitchen. The family room impresses with a dramatic 20-foot coffered ceiling, built-in cabinetry, and an integrated surround sound system. The gourmet kitchen is thoughtfully designed with custom cabinetry featuring pull-out shelves and a spice rack, Corian countertops, a large center island, gas cooktop with downdraft exhaust, pot filler, under-cabinet lighting, stainless steel appliances, and dual pantries. The breakfast nook and the primary suite both open to a vaulted screened porch-perfect for relaxing or entertaining while enjoying the peaceful wooded views. The split-bedroom layout includes a spacious owner's suite with a double tray ceiling and a spa-like bath, showcasing dual vanities, a soaking tub, walk-in shower, and an expansive dressing closet. Two additional bedrooms share a Jack-and-Jill bath. A mudroom with built-in, spacious laundry room with sink and a half bath completes the main level.
The second floor offers a spacious guest bedroom, a full bath, and a versatile flex room ideal for a media space, hobby area, or home gym. Thoughtfully designed closet space provides ample storage, with all closets crafted with custom wood shelving for a refined, built-in feel. A large walk-in attic adds even more convenient storage options.
If that's not enough to capture your attention, step outside the screened porch and patio, and nature awaits. The property features serene wooded areas and a cleared garden space spanning 4,000 square feet, fully enclosed with a 7-foot fence and ready for planting your dream garden or creating your own private outdoor oasis.
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by Relevate Real Estate Inc. | $800,000 | |
| Listed by Relevate Real Estate Inc. | |||
| Oct 14, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Relevate Real Estate Inc. | $595,000 | |
| Listed by Relevate Real Estate Inc. | |||
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About Wake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017