12341 S Highway 77
About This Property
Step inside to an inviting open-concept floor plan designed for both everyday living and entertaining. Spacious bedrooms feature walk-in closets, while a cozy wood-burning stove adds warmth, character, and the perfect ambiance for relaxing winter evenings.
Outdoors, a large concrete patio stretches the entire length of the home, providing ample space for gatherings, grilling, or simply enjoying peaceful country views. The property is well-suited for hobby farming and livestock, featuring a small barn with water access, ideal for FFA or 4-H projects, along with a chicken coop ready for your flock.
Car enthusiasts, hobbyists, and DIYers will appreciate the finished detached two-car garage, complete with pegboard-lined walls offering abundant storage and organization. A dedicated workshop area within the garage provides the perfect space for projects, crafts, or equipment maintenance.
If you're looking for room to roam, space for animals, and a peaceful country setting without sacrificing access to city amenities, this property is a must-see.
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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