5575 Dexter Townhall Road
About This Property
The heart of this home is its updated large kitchen, featuring ornate tin ceilings, cherry cabinets, a unique old-style gas range/oven with the inner workings of a conventional oven. Enjoy meals in the large eat-in kitchen or entertain guests in the formal dining room.
With 4 bedrooms and 2 baths, including an upper bath with a heated floor, this home offers both space and comfort. The first floor also hosts a spacious living room, versatile bedroom/office and laundry room. Outside, embrace the picturesque country setting with professional landscaping, perennial flowers, potting shed, and abundant wildlife which add to the scenic beauty. Fire up the large stone BBQ fireplace/grill in the yard for unforgettable outdoor gatherings.
For those who love to tinker, the 70'x40' barn features a heated workshop with forced air and radiant heat, a half bathroom, an oil change pit, and additional upper-level storage.
Car enthusiasts will appreciate the storage for up to 14 automobiles/tractors/wagons in the heated barn, covered shed (65'x25'), as well as the detached 2-car garage with door openers.
Agricultural zoning allows up to 13 horses making this property perfect for equestrian enthusiasts. There are two stalls for horses with room for more, along with a water hydrant in the yard for easy maintenance. Raise chickens and other farm animals.
Modern comforts abound with newer geothermal heating and air conditioning, a whole house 20KW generator, and a newer roof for peace of mind.
Don't miss your chance to own this rare gem where historic charm meets modern luxury. Schedule your tour today and experience the best of country living in Dexter!
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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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Real Estate One | $550,000 | |
| Listed by Real Estate One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017