461 OLEY ROAD
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed | $375,000 | |
| Listed | |||
| | |||
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Welcome to 461 Oley Road in Ruscombmanor Township. This Oley Valley Schools 1901 farmhouse offers 3 bedrooms, 1.5 baths and 1400 plus square feet of move in ready living area. Looking for a homesteading farmette type property? Look no further - you've found it! This farmhouse sits on a 1 plus acre lot with farmland views across the way, 2 story bank barn with separate electric service meter perfect for chickens, , hobbies, etc. (please verify with the Township). A farm shed building can act as a garage plus the rear section makes a nice "she" shed or outdoor seasonal rec room/gym, a 50' x 50' amended soil garden plot to grow all those veggies to can for wintertime enjoyment, plus elderberry's, raspberries, blackberries, currants and gooseberry Specimens are staggered throughout the grounds. Step inside from the covered side porch that leads into the full eat-at island white kitchen. Kitchen features include Corian tops, stainless steel appliances and hardwood floors and ceiling. Just around the corner, you'll find the formal dining room - a great spot for serving holiday dinners. Just beyond, you'll find the formal living room with built-in book shelves and egress to the awesome covered front porch with those great views. A powder room completes the main level. Take the stairs to the spacious owners suite with walk-up stairs to the third floor attic offering plenty of seasonal storage space, 2 additional generous sized bedrooms (one a walkthrough) and a tiled tub/shower full bath and laundry area completes the upper level. All this plus low taxes, a white picket fenced side yard and so much more make this the one to see! Schedule your showing today!
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| May 5, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by Amantea Real Estate, LLC. | $315,000 | |
| Listed by Amantea Real Estate, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017