4935 N Parma Road
About This Property
This unique property offers something for everyone, featuring two homes, multiple barns and outbuildings, and over 7 acres of beautiful land.
Main Home:
A spacious 3,800 sq ft residence with 5 bedrooms and 3 full baths. The main floor boasts a large primary suite, sunroom, office, and media room with vaulted ceilings and a cozy fireplace. Enjoy custom touches like barn wood floors, hand-hewn beams, and a tile walk-in shower. Multiple heating options include an outdoor wood burner, propane furnace, and two fireplaces.
Second Home:
A charming, updated 1,600 sq ft bungalow with 3 bedrooms and 1.5 baths. It features a modern kitchen, new flooring, and decor, along with separate utilities, well, and septic. Outbuildings & Extras:
" 2-car garage and wood storage by the main home
" 2-story carriage barn with 3 garage doors near the second home
" 3 large barns (50x20 pole barn, 40x18 and 32x70)
" Chicken/duck coop with covered run
" Multiple outdoor entertaining areas including porches, bonfire spots, and picnic spaces
Whether you're dreaming of a multigenerational homestead, hobby farm, or enjoy a large property and entertaining this property is ready to bring your vision to life.
Call Matthew D. Miller and schedule your private showing of this property today.
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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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Price Decreased |
$649,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jul 11, 2025 | Price Decreased |
$674,900
↓ $100
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017