7 ms·
I know a couple people in NYC who do something like this. It works fine for two smallish niche groups: well-off childless couples who prefer not to spend much t
by rm999 10y ago
I know a couple people in NYC who do something like this. It works fine for two smallish niche groups: well-off childless couples who prefer not to spend much time in their city, or very well-off couples with children.
Single people don't want to spend their weekends alone in a farmhouse, and 3+ person families don't want to live the bulk of their time in a studio apartment. Meanwhile, that 300-500k dollar farmhouse could put your kids through private school or good colleges.
- Retric 10y ago300-500k seems really high for a farmhouse unless it comes with a lot of land.
- maxerickson 10y agoWithin weekend distance of NYC?
- Retric 10y agoEX: http://mls.catskill4sale.com/idx/details/homes/b253/34760/4-Broadway-Bethel-NY http://mls.catskill4sale.com/idx/details/homes/b253/34760/4-... 200k, 10br house ~2h from NYC depending on traffic. Basically as soon as you step past reasonable daily commutes prices really fall.
- Raj123123 10y agoforget YOU commuting to the city - with 10 bedrooms you can provide free rooms for YOUR employees to come to you :-) (assuming you own a startup and have employees)
- yompers888 10y agoWould anyone really consider that a farmhouse, when it has only 0.68 acres of land?
- mullen 10y agoBecause you only care about the farmhouse and not the land.
- raddad 10y agoYou can rent land to farmers. Depending on the land and location in NY, you can rent it for $20-$80 an acre. USDA agricultural statistics service https://quickstats.nass.usda.gov/results/E0F5EB36-3313-3D7B-9E7F-E56A3365CF2B#9A9F55D7-E267-38C6-ACB9-DF106291B5A7 https://quickstats.nass.usda.gov/results/E0F5EB36-3313-3D7B-...
- lern_too_spel 10y agoIt has four bedrooms, not ten. You can't reasonably fit ten bedrooms in 2912 square feet of living space.
- Retric 10y ago3,000 sq feet is 20.8 rooms at 12' by 12'. Sure larger rooms, walk in closets, or wasted hallways could eat that up. But the real issue is there are only 2 bathrooms.