4078 RECTORTOWN ROAD
About This Property
Living here is great for anyone who loves Red Truck Bakery and the other shops on Main Street, but this is also a prize property for any history buff. Rare worm wood reclaimed from a 200 year old barn in the area and rare (expensive) colored slate floors from the Greek revival home of Chief Justice John Marshall fill the family room, dining room and office with stories. After a couple of additions over the years, the exterior was covered in local field stone, and every stone in the house was hand cut and placed by previous owners.
What isn't historical? All the "big ticket" items: water heater 2020, HVAC 2023, roof and gutters 2022. You really should hurry to see this home! Even the grass in the front yard is new.
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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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Relisted | $599,000 | |
| Relisted | |||
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed | $599,000 | |
| Listed | |||
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Let me guess - you just wish you could find an affordable home with almost 2,700 sq ft all on one level, with more than 1/2 acre of land, a 2 car garage, peace, quiet, and small town vibes but even your Realtor told you it just doesn't exist less than an hour from DC? You just found it! You can even bring your big truck or RV and still have parking space for cars. But I doubt you will want to spend too much time away from home with all the rooms for everyone, including an office that will definitely earn you an award for best zoom background. And on slightly warmer days, the fenced back yard is like a park with room for basketball, a trampoline, and gathering around a fire pit or the old brick fireplace with friends and cool drinks, late under the stars (you can actually see them away from the city).
Living here is great for anyone who loves Red Truck Bakery and the other shops on Main Street, but this is also a prize property for any history buff. Rare worm wood reclaimed from a 200 year old barn in the area and rare (expensive) colored slate floors from the Greek revival home of Chief Justice John Marshall fill the family room, dining room and office with stories. After a couple of additions over the years, the exterior was covered in local field stone, and every stone in the house was hand cut and placed by previous owners.
What isn't historical? All the "big ticket" items: water heater 2020, HVAC 2023, roof and gutters 2022. You really should hurry to see this home! Even the grass in the front yard is new.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017