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On the Market: A Historic Farmhouse That Will Bring You Passive Income

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Photos courtesy of Compass

Built in 1781 by a then-prominent local landowner, this colonial-style farmhouse was originally part of Kipps Farm. Following updates in 2001 and most recently in 2019, the home includes timeless features on the outside and in the living spaces, while adding a dreamy modern kitchen and new baths. Oh, and the carriage house? It’s an already rented investment property.

Location: 325 Douglas Rd, Chappaqua

List Price: $1.332,500; Est. Taxes: $38,648

Description: This stunning 18th century farmhouse comprises 4 bedrooms and 3.1 baths in an impressive 4,400 square feet. The ground floor is built around a gorgeous and modern chef’s kitchen and large terrace, while the second floor includes two separate bedrooms and a bath alongside a spacious master suite with fireplace and its own sitting room. A third flood also boasts a loft, bedroom, family room, and a full bath.

Behind the main building lies a 2,208 sq. ft. carriage house (not included in the square footage count!) suitable for a rental property. The unit is already under lease which means buyers can look forward to a built-in income to help supplement their lifestyle and offset a bit of the property’s total price tag.

Selling Points: Income-producing rental property; wine cellar; 2-car detached garage; close to Chappaqua Crossing

Listing Agent: Natalia Wixom, Compass

Continue below for photos of the carriage house rental property.