431 MCKINSTRYS MILL ROAD
About This Property
Main House (c. 1866 – Washington Senseney House): Charming brick colonial with 3 bedrooms, 2.5 baths, hardwood floors (under carpet), formal living and dining rooms, two fireplaces, library/office, screened porch, and walk-up attic. Large basement with finished hobby space, utility room, and storage. Located in a historic village but not under historic restrictions - renovate or modernize to suit your style.
Detached Cottage: Single-level living with 2 bedrooms, 1 full bath, living room with fireplace, kitchen, screened porch, and hardwood floors. Separate well/septic. Previously rented and lead paint compliant.
Level 3-acre lot with tree field and outbuildings - ideal for small animals, gardening, or recreation. Spacious yard with beautiful views and road frontage.
Estate Sale – Sold AS IS Do not use side steps of main house (unsafe).
Conveniently located near New Windsor, Union Bridge & commuter routes. Endless potential - live in one, rent the other, or create your dream homestead.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Relisted | $599,999 | |
| Relisted | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Price Decreased |
$525,000
↓ $75K
(12.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017