77 beautiful, rolling ag-exempt acres with a 3-ACRE STOCKED POND,
timber, and grazing land offer the perfect setting to enjoy nature,
wildlife, and peaceful country living. This CUSTOM-BUILT,
modern 3,761 sq ft home features 4 bedrooms, a dedicated office, a
STUNNING SUNROOM, and a large, open living area-providing ample
space for both everyday living and working from home The
property is well-equipped with a 2-car garage, a 30 × 40 covered
carport, a 40 × 50 SHOP WITH ELECTRICITY and a half bath, two 30 ×
40 RV pads, a greenhouse, and three tiny-home GUEST COTTAGES with
electric service-ideal for guests, rental opportunities, or
extended stays. Energy-efficient features include SOLAR
PANELS to help keep electric bills low and TANKLES HOT WATER
HEATERS for endless hot water. An electric entrance gate
provides added convenience and privacy, while a Generac backup
generator ensures peace of mind during power outages.
Additional 42 acres adjacent to the property with double wide
mobile home available. See NTREIS ID 21250645.
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.
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