125 Meadows DRIVE
About This Property
The expansive barn adds even more value, offering an abundance of storage space and a bathroom, perfect for those with hobbies or a need for additional workspace. Whether you're into gardening, woodworking, or need room for animals, the barn is a perfect complement to the property. For peace of mind, the home is equipped with a whole-home generator, ensuring you're never without power, no matter the circumstances. Conveniently the water heater, dryer and generator run on propane gas and there are 2 separate gas tanks underground.
Surrounded by lush greenery, this property offers the tranquility of country living, yet is still within reach of essential amenities. Whether you're looking to create your dream home or need space to pursue your passions, this property is a rare find with endless potential. Schedule your visit to tour this private property waiting for you to make it 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