29
Map
489 Defoor Road NE
About This Property
Set on approximately 1.3 gently rolling acres, this charming 2 bedroom, 2 bath home offers the perfect blend of simplicity, functionality, and country comfort. A long gravel drive welcomes you to a private setting framed by mature trees, open yard space, and multiple outbuildings - ideal for those seeking room to spread out.
The home features a massive covered back porch perfect for relaxing and enjoying the quiet surroundings. Inside, the living area offers warm wood-paneled walls, durable flooring, and a comfortable layout that feels inviting and practical for everyday living. The kitchen and dining areas flow easily, while two bedrooms and two full baths provide convenient single-level living.
One of the standout features of the property is the detached garage/workshop, offering excellent space for hobbies, storage, equipment, or small business use. The building includes large access doors, concrete flooring, lighting, and ample room for tools, vehicles, or projects. Additional covered areas provide even more flexibility for parking or storage.
The open acreage offers plenty of room for gardening, pets, or simply enjoying the outdoors. With a mix of cleared yard and mature trees, the setting feels both private and usable.
Ideal for those looking for a starter home, downsizing opportunity, rental investment, or peaceful full-time residence, this property offers country living with practical amenities and room to grow.
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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 |
|---|---|---|---|
| Jun 17, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Increased |
$235,000
↑ $10K
(4.4%) | |
| Price Increased | |||
| Mar 30, 2026 | Listed by Flipper McDaniel & Associates | $225,000 | |
| Listed by Flipper McDaniel & Associates | |||
| Mar 14, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017