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11659 S Upper Ranch Dr
About This Property
Step inside to the upper level to be greeted by an open floor plan, vaulted ceilings and beautiful mountain views. The gleaming cherry hardwood floors, the updated kitchen with hickory cabinetry, granite counters, stainless appliances and a gas stove add to the ambiance of this area making this an ideal setting for warm gatherings. Step out to the wrap around deck and be memorized by nature and views of the Lion's Head.
The spacious primary bedroom is complemented by a large walk-in closet with built-ins, providing ample storage and convenience. Another bedroom can be found on this floor. Both bedrooms have new carpeting.
Head downstairs to the huge vaulted family room filled with windows bringing in the natural light. This area also host a bonus area that can be used as a recreational space, an office, or an entertainment area, the options are endless. There is more!
Enjoy relaxing in your hot tub with breathtaking mountain views in the additional room. On this main level you will find another deck great for entertaining or sitting quietly and listening to nature.
Another bedroom and bathroom is located on this floor making it great for guests.
The home includes an attached 2 car garage, and benefits from a new roof, newer exterior paint, and completed fire mitigation.
The main entry of beautiful Staunton State Park is less than a mile away! This house is a must see!
Don't miss the opportunity to make this mountain treasure your own!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017