97 Valley Farm Road
About This Property
Inside: All brand new: windows, doors, heating & cooling system, plumbing and electrical, water purification system, white oak flooring, chef's/entertainers dream kitchen with Wolfe and Subzero appliances, quartzite countertops and backsplashes, and a walk-in hidden pantry, bathrooms with custom micro cement finishing (primary suite has 2 separate bathrooms), soaring beamed ceilings, beautiful stone fireplaces, walls of glass, skylights, completely finished lower level with bathroom and laundry room, added square footage, and much more.
Outside: All brand new: Never-ending Bluestone walkways and patios that lead you to the enormous in-ground pool, jaw dropping kid's play area with zipline, handmade stone gas fire pit with seating, beautiful pond with fountain, hardtop gazebo, and large barn. Stonework, copper gutters, Hardie-board siding, lightning system, and much more.
This expansive property offers plenty of acreage to build out and is ideal for creating a compound. All of this and so much more, minutes to the Village of Millbrook and within reach of commuting from NYC.
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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 11, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$2,799,999
↓ $200K
(6.7%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$2,999,999
↓ $750K
(20%) | |
| Price Decreased | |||
| Nov 24, 2025 | Listed by George T Whalen Real Estate | $3,750,000 | |
| Listed by George T Whalen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017