8472 County Road 40
About This Property
Discover country living at its finest in this well-maintained 3-bedroom, 2-bath doublewide home situated on a peaceful 1.1-acre lot. The open-concept floor plan features a generous eat-in kitchen that flows seamlessly into the living room, creating an ideal space for everyday living and entertaining.
The primary suite includes a private en suite bath and a walk-in closet, offering comfort and convenience. Two additional bedrooms and a full bath provide ample space for family or guests.
Outside, the property features a detached two-bay garage with a large attached workshop-perfect for storage, hobbies, or additional workspace. The spacious lot provides plenty of room to enjoy the outdoors while maintaining privacy in a serene country setting.
This property combines the best of rural tranquility with practical living spaces and modern amenities.
The woodstove in the garage is not included in the sale.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Listed by Howard Hanna Professionals - Olean | $164,000 | |
| Listed by Howard Hanna Professionals - Olean | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed | $144,900 | |
| Listed | |||
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Nestled on a secluded over 1.5 A parcel, this home is move in ready. Fresh paint throughout, new carpet, new vinyl, new lighting fixtures throughout. Eat in kitchen with plenty of cupboards and counter space. Rear entry offer washer and dryer hook up and room for all your outerwear. Primary bedroom features large walk-in closet, en suite bath with garden tub, dual sinks and separate walk-in shower. Spacious deck with ramp for easy access provides a perfect outdoor living space. The detached garage has separate workshop, room for your car and additional storage for mower, tools and toys. Just the right size house, just the right size lot, everything is just right!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017