34
Map
570 Cate Road
About This Property
This fully remodeled country property offers immediate rental or resale value with long-term upside. Situated on 6.31 acres, the land provides excellent potential for subdivision, additional units, or future development.
The home features 3 bedrooms, 2 baths, two living areas, and a flexible bonus room ideal for an office, dining space, or mudroom. The farmhouse-style kitchen includes subway tile, stainless steel appliances, floating shelves, and a large island-highly desirable for today's buyers and tenants. Exposed beams and hardwood flooring add strong appeal and character.
Outbuildings include a barn, double carport, and an additional structure-perfect for storage, equipment, or conversion possibilities. The wraparound porch and peaceful setting enhance marketability for short-term or long-term rental strategies.
Whether you're looking to flip, rent, hold, or develop, this property offers multiple exit strategies and strong value-added potential.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Listed by Smithsonian Real Estate | $1,000,000 | |
| Listed by Smithsonian Real Estate | |||
| | |||
|
Investor Opportunity - Remodeled Home on 6.31 Acres with Development Potential!
This fully remodeled country property offers immediate rental or resale value with long-term upside. Situated on 6.31 acres, the land provides excellent potential for subdivision, additional units, or future development.
The home features 3 bedrooms, 2 baths, two living areas, and a flexible bonus room ideal for an office, dining space, or mudroom. The farmhouse-style kitchen includes subway tile, stainless steel appliances, floating shelves, and a large island—highly desirable for today's buyers and tenants. Exposed beams and hardwood flooring add strong appeal and character.
Outbuildings include a barn, double carport, and an additional structure—perfect for storage, equipment, or conversion possibilities. The wraparound porch and peaceful setting enhance marketability for short-term or long-term rental strategies.
Whether you're looking to flip, rent, hold, or develop, this property offers multiple exit strategies and strong value-added potential.
| |||
| Jul 26, 2022 | Listed by The Real Estate Firm Inc. | $900,000 | |
| Listed by The Real Estate Firm Inc. | |||
| |||
|
COMPLETELY REMODELED county home. As you walk through the beautiful front door notice the lovely exposed beams, gleaming hardwood flooring through the main, farmhouse kitchen with subway tile, stainless appliances, floating shelves and a large island. The original home was built in 1942 and new addition in 1990 but this home is pristine with a large wrap around country porch. Perfectly placed on 6.31 acres and has a barn, double carport and another out building so bring the horses or sub divide the land. 3 Bedrooms and 2 baths, large kitchen, 2 living areas and a bonus room that could be a dining room, office or mud room.
| |||
| Oct 22, 2019 | Listed by Century 21 MVP | $499,900 | |
| Listed by Century 21 MVP | |||
| |||
|
Beautiful Farmhouse just off the parkway, owners have completely remolded. As you walk through the front door notice lovely exposed beams, gleaming hardwood flooring through the main. Home offers beautiful farmhouse kitchen with subway tile, stainless appliances, floating shelves and a large island for preparing meals for the family. Enjoy the sunset on this gorgeous wrap around porch as you take in the view. Bring the toys you have plenty of room with a workshop and a barn. This home is setting on 6.35 acres. Location, Location, Location!! Call for your private showing today.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017