9969 Turnpike Road
About This Property
The home features three bedrooms, two full bathrooms, and a practical floor plan designed for everyday living. The eat-in kitchen includes laminate flooring, an electric range, and refrigerator, and adjoining dining room and living room create comfortable gathering spaces. A propane stove adds warmth and character to the living room, complemented by forced-air fuel oil heat throughout the remainder of the home. A first-floor bedroom and laundry add convenience and flexibility.
A standout feature is the converted garage, offering two private offices, generous storage, and a spacious multi-purpose room. Whether supporting a home-based business, professional office, studio, workshop, or hobby space, this space is accessed without entering the house and provides a separate work area provides flexibility that is increasingly difficult to find.
Important infrastructure updates provide added peace of mind, including a new septic system installed in 2023 and a replacement well completed within the past decade. Additional improvements include vinyl siding, an asphalt roof, reverse osmosis water treatment, a water softener, and a traditional laid-stone basement. The sellers believe a survey is available.
Offered in as-is condition, this property presents a rare opportunity to own a well-maintained country home with dedicated business or hobby space in a location where opportunities like this rarely come to market.
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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 7, 2026 | Price Increased |
$299,800
↑ $50K
(20%) | |
| Price Increased | |||
| Jul 27, 2026 | Listed by Whitetail Properties Real Estate, LLC | $249,900 | |
| Listed by Whitetail Properties Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017