Nestled along the serene waters of Lower Aetna Lake, this exquisite
log home, built in 1927, seamlessly blends rustic charm with modern
luxury. Spanning 1,967 square feet, this three to four bedroom, two
bathroom residence offers a unique opportunity to embrace lakeside
living while enjoying a wealth of upscale features. Step inside to
discover a gourmet kitchen that will delight any culinary
enthusiast. Outfitted with stainless steel appliances, including a
gas oven/range with custom exhaust hood, and an energy-efficient
dishwasher, this space is designed for both functionality and
style. The upgraded countertops, coffee bar, and built-in cabinetry
provide ample storage and a sophisticated aesthetic. The dining
room invites casual dining while soaking in views of the tranquil
lake. The inviting lodge room features a stunning stone fireplace,
complete with a mantel, creating a cozy focal point for gatherings.
Rich wood floors, LVP flooring, and carpeting throughout the home
help to enhance the warmth and character of this home. An upper
level loft is a very flexible space that can be used as a den,
office, or additional/guest bedroom. The primary suite boasts a
luxurious bathroom with beautiful walk in shower, complemented by a
spacious walk-in closet, ensuring comfort and convenience. Outdoor
living is equally impressive, with extensive hardscaping that
creates an ideal setting for entertaining. Enjoy al fresco dining
on the patio with a custom kitchen and built in gas grill, or
unwind in the hot tub while taking in the picturesque lake views.
The property is equipped with an lawn sprinkler system, ensuring
your outdoor oasis remains lush and vibrant. With 87 feet of
waterfrontage, this home offers direct access to Lower Aetna Lake,
perfect for canoeing, kayaking, and fishing. A private dock and
bulkhead enhances your lakeside experience, allowing for effortless
enjoyment of the water. The community amenities further enrich your
lifestyle, featuring a beach, sports courts, and playgrounds, all
designed for recreation and relaxation. The property is also
equipped with modern conveniences, including a washer and dryer on
the main floor, and wiring for a portable generator (not included)
ensuring ease of living. This log home is not just a residence;
it's a lifestyle choice that offers tranquility, luxury, and a
connection to nature. Experience the perfect blend of comfort and
elegance in this remarkable lakeside retreat.
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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