8246 DEB LANE
About This Property
This unique 1800's farmette includes two parcels totalling over six and a half acres, a light-filled renovated Brick Farmhouse, four board paddock fencing, creek with a picturesque old Stone Spring house and a large utility storage/animal shed.
Beautiful original hardwood floors throughout the home, the entry level includes; a Family Room with brick wood burning fireplace with mantel, large Living Room, a separate Formal Dining Room with chandelier and wood fireplace, new Kitchen, Laundry Room and the Primary Bedroom with ensuite Bathroom. The upper level has four bedrooms, a full bathroom and walk-up access to spacious attic storage. The largest bedroom (17x14) over the garage has dormer windows and a separate staircase accessing the first floor family room would be perfect as a studio, library or office. There are two separate lower levels, one side has a finished Recreation Room with wet bar, the other side is the unfinished utility room with the original stone farmhouse cooking fireplace, a shower and wash tub to clean up after the work day is done. Both of these areas have walk-out entrances to the back yard.
Recent renovations include; freshly painted throughout, all new carpet and updated flooring, completely renovated kitchen with all new soft-closed cabinets, quartz countertops, stainless steel appliances, new light fixtures, painted garage flooring and more.
Magnificent vistas of rolling hills and pastures from every window!
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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 27, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2023 | In contract | - | |
| In contract | |||
| Sep 21, 2023 | Listed by RE/MAX Results | $699,900 | |
| Listed by RE/MAX Results | |||
| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
| Jul 29, 2022 | Price Decreased |
$550,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017