40480 PARSONS MILL ROAD
About This Property
Each bedroom is designed for comfort, offering plenty of space to unwind. The enclosed porch serves as a versatile room-ideal for a play area, study, or additional storage space. A detached garage ensures your vehicle remains shielded from the elements, while oil heating guarantees you stay cozy during those crisp, wintry evenings.
The property boasts ample yard space, both in the front and rear, perfect for outdoor enjoyment. Embrace the convenience of local produce and crafts, all just a stone's throw away. Surrounded by expansive agricultural fields, this home is also within close proximity to fresh, locally sourced meats and produce.
Enjoy the serene rhythm of horse and buggy traffic within this welcoming community, and take advantage of the open space for recreational vehicles or boats. Best of all, there's no HOA to contend with, allowing you to fully enjoy your property as you wish.
Payment Calculator
Your Estimated Monthly Payment
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 26, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by CENTURY 21 New Millennium | $439,900 | |
| Listed by CENTURY 21 New Millennium | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017