584 MALLORYS FORD ROAD
About This Property
The property is surrounded by mature woods for added privacy while the area immediately around the home has been thoughtfully cleared, creating spacious front and back yards, and front porch with plenty of room to enjoy the outdoors. Set back in a tranquil setting, the home offers the breathing room of a larger property without sacrificing usable yard space.
One of the standout features is the property's three well-maintained sheds plus a rear carport, providing an abundance of space for tools, equipment, lawn and garden supplies, recreational gear, or workshop and hobby space. It's an especially appealing setup for anyone looking for extra storage and room to pursue projects at home.
Recent improvements include fresh paint throughout, updated light fixtures, HVAC work completed in 2024 and a new well pressure tank installed in 2025.
With over 3.5 acres, a private wooded backdrop, generous yard space, multiple outbuildings, and no shortage of possibilities, this property offers an inviting opportunity to enjoy a quieter setting with room to spread out.
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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 5, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Listed by NHT Real Estate LLC | $275,000 | |
| Listed by NHT Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017