517 Sandy Oaks Road
About This Property
Completely updated, the farmhouse pairs a metal roof and classic character with new sheetrock, fresh interior and exterior paint, new fixtures and doors, and granite countertops throughout. A spacious kitchen with a breakfast nook offers room to gather, while the comfortable downstairs living room and main-level primary bedroom make everyday living convenient. Upstairs, three cozy rooms with sloped ceilings provide a flexible arrangement for additional bedrooms, an office, hobbies or a separate retreat. The two-bath home's adaptable layout lets you choose how the spaces work best.
The possibilities extend well beyond the house. A 25x28 spray-foam-insulated building features HVAC, electricity, water and a 9-foot-deep covered porch spanning its length. Create a dedicated office, studio, hobby space or gathering spot, or explore its potential for conversion to additional living quarters, subject to applicable requirements. A separate 30x40 galvanized metal shop with electricity and a concrete floor provides generous space for equipment, projects and storage. Gated property for additional privacy.
Plant a garden, bring your animals or simply enjoy the shade of the hardwoods. Updated farmhouse charm, usable acreage and substantial workspace come together in a property with room for your next chapter.
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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%.
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 20, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2026 | Listed by Real Broker, LLC | $369,900 | |
| Listed by Real Broker, LLC | |||
| Sep 2, 2017 | Listed | $225,000 | |
| Listed | |||
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Quiet country living on 3 acres, cleared and ready for livestock! This home was recently renovated and features a new metal roof, extensive amount of added insulation and 2x6 exterior walls to help keep energy costs down. A 1200 sq ft metal workshop with electricity is waiting to be used. Gated driveway offers additional privacy. Flooring was left unfinished to allow new owners the opportunity to customize themselves. The manager has listed the unit size as 1708 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017