1179 Shady Grove Road
About This Property
Peace and Quiet is what awaits you at this well-maintained, single-owner home located on over 2.5 acres of land. This home has been lovingly cared for by the owners who added huge covered front & back porches to sit and enjoy living in the fresh air. The open design of the home's living, kitchen, and dining areas allow for large gatherings. The focal point of the kitchen is the island & you are going to love having it! This great plan also offers split bedrooms featuring a primary suite w/ a soaking tub & separate shower w/builtins & a walkin closet separated from the other well-sized bedrooms in the home.
The land is more than 90% cleared, open & level. A metal outbuilding/lawn shed was added a couple years ago to house lawn mowers, 4-wheelers etc. Build that dream garden! Put in a pool oasis! Start a small livestock farm. No HOAs. No restrictions.
Isn't it time for you? YES it is!
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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