Exceptional 42.54+/- acre farm offering breathtaking long-range
mountain views, a beautiful branch, fenced pastureland, and endless
possibilities for farming, horses, recreation, or private estate
living. This remarkable property is fully fenced and ready for
livestock or your dream homestead setup. The stunning
craftsman-style home showcases beautiful exterior stonework,
quality craftsmanship, and thoughtfully designed living spaces
throughout. The open-concept living room, kitchen, and dining area
create a warm and inviting atmosphere perfect for entertaining and
everyday living. The chef's dream kitchen offers abundant
workspace, custom cabinetry, and an ideal layout for cooking and
gathering. The spacious living room features a gorgeous stacked
stone gas log fireplace, while the large screened porch provides
the perfect place to relax and enjoy the incredible mountain
scenery. The main level features the owner's suite, two full baths,
a beautiful office, and a spacious laundry/mudroom for added
convenience, along with easy access to the attached two-car garage.
Downstairs, the fully finished terrace level includes two
additional bedrooms, one full bath, a second fireplace, and
spacious living and recreation areas ideal for guests or
multi-generational living. A bonus room above the garage provides
additional flexible space for hobbies, storage, or overflow
accommodations. Outside, the property continues to impress with
beautifully landscaped grounds and outstanding outdoor living
areas, including a custom fire pit area surrounded by massive
natural stone seating, perfect for gathering with family and
friends. Additional features include a barn, workshop, chicken
coop, additional outbuilding, generous RV and boat parking, and
generators servicing both the home and barn for added peace of
mind.
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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