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588 Bagdad Road
About This Property
Set on nearly 40 sprawling acres of woods and open land, this 4-bedroom, 3-bath retreat offers the kind of space, privacy, and views that rarely come on the market. The home sits well back from the road, tucked into the lot for genuine privacy, while still keeping the road in view so you never feel cut off. You're outside the village boundaries here, which means lower taxes without giving up convenience: stores and restaurants are just a short drive away.
From the moment you walk in, ceiling-high windows in the living room frame a breathtaking view of the property's wooded acreage, a view that follows you up the stairs, where a dramatic vaulted ceiling opens the space between the bedrooms and ties the whole home together. Wood floors run throughout, adding warmth to every room you enter.
All four bedrooms live upstairs, offering true separation from the everyday hustle below. The primary suite is a private escape of its own, complete with a walk-in closet and en-suite bathroom, while a fully renovated, state-of-the-art bathroom serves the rest of the level.
Downstairs, the formal dining room and everyday dining area both look out over more than an acre of manicured lawn, the kind of view that makes you want to linger over morning coffee or host a long summer dinner outside. A semi-finished, tiled basement adds flexible bonus space, ready for a home gym, playroom, or media room.
Step outside to a spacious back deck made for entertaining, a zip line through the trees for the kids (or the kid in you), and a 2-car garage that keeps everyday life simple.
There's genuinely nothing else like this in the area. This is space to roam, room to grow, and a setting you won't find twice. Schedule your private showing today.
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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 |
|---|---|---|---|
| Aug 3, 2026 | Listed by Realty One Group Key | $399,900 | |
| Listed by Realty One Group Key | |||
| Mar 10, 2022 | Sold | ||
| Sold | |||
| May 23, 2019 | Sold | ||
| Sold | |||
| Mar 25, 2019 | No longer available | - | |
| No longer available | |||
| Sep 16, 2018 | Listed by Realty One Group Key | $245,000 | |
| Listed by Realty One Group Key | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017