392 Albion Cross Road
About This Property
Thoughtful craftsmanship can be found throughout, including locally sourced pine flooring milled by the Amish, custom Amish-built soft maple cabinetry, beautiful butternut countertops, recessed lighting, and a welcoming front porch. Major improvements include a new roof, siding, windows, PEX plumbing, drains, and much more. Radiant floor heat, geothermal, a wood burning stove, and an oil boiler provide multiple heating options and year-round comfort.
The property offers plenty of usable space and storage both inside and out. Once used as a horse farm, the barn features three stalls, a tack room, hay loft, additional storage, and workshop space, along with two older chicken coops. Outside, enjoy 10 acres with a beautiful pond, established fruit trees, elderberry bushes, and plenty of room for animals, gardens, recreation, or simply enjoying the country setting.
This unique property blends the character and history of an 1850 farmhouse with extensive modern updates and handcrafted details-all the hard work has been done and it's ready for its next chapter!
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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 6, 2026 | Listed by Salmon River Realty | $495,000 | |
| Listed by Salmon River Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017