40
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86 Carpenter Road
About This Property
This three bedroom, two bathroom home welcomes you with warmth the moment you step inside. Spacious rooms unfold naturally from one to the next, wrapped in rich wood detail that gives every space texture, character, and soul. Sunlight filters across the walls, highlighting the craftsmanship and inviting you to imagine how each room will evolve with your vision. Whether you lean modern, rustic, minimalist, or bold, the interior offers a blank canvas ready for your personal design story.
Above, the metal roof offers durability and peace of mind. It is the kind of practical strength that supports long term investment thinking while allowing you to focus on what truly matters inside and around the home.
And then there is the barn.
An oversized structure with 14 foot walls and two overhead doors, this is not simply storage. This is where hobbies expand, businesses launch, collections grow, and ideas take shape. Workshop. Car enthusiast space. Contractor headquarters. Creative studio. Agricultural use. Income producing potential. When you stand inside and look up at the height and scale, you immediately feel how rare this kind of flexibility is in Orange County NY.
Location matters. Living in New Hampton places you minutes from the charm of Goshen's historic village, Warwick's wineries and orchards, and shopping at Woodbury Common Premium Outlets. Enjoy hiking and outdoor recreation throughout the Hudson Valley, seasonal farm markets, and local dining that gives small town living its flavor. Commuting is practical as well, with convenient access to major highways and Metro North connections, placing you approximately 60 to 75 miles from New York City, making this an ideal full time residence, weekend retreat, or hybrid live work opportunity.
House and barn combinations with this level of scale and versatility do not come along often. The next owner will not just purchase property. They will step into possibility.
If you have been searching for space, flexibility, and long term upside in New Hampton NY, this is where your next chapter begins.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017