68
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125 State Street
About This Property
Some homes are just houses. This one is a place where memories are made. Situated along the banks of the Grand River on a spacious double lot and in the heart of Eaton Rapids, this charming three-bedroom, three-bath home wraps you in warmth from the moment you arrive -- from the rich original hardwood floors to the inviting spaces that feel like they were made for gathering.
Every level of this home has been thoughtfully designed for comfortable living, with a full bath on each floor and a finished basement complete with a wet bar and flexible space -perfect for a recreation room, home theater, or guest retreat.
But the real magic happens outside. Imagine lazy summer mornings launching your kayak or canoe right from your backyard, paddling along the peaceful Grand River as the day begins. Come evening, gather friends and family under the pergola as the river glimmers in the fading light. The large enclosed porch is your year-round sanctuary -- the perfect spot for a book, a cup of coffee, or simply listening to the sound of the water.
And when you're ready to venture out, a short stroll takes you to charming local spots for your morning coffee or a scoop of ice cream on a warm afternoon. A two-car tandem garage adds everyday convenience to this truly special property.
This is more than a home -- it's a lifestyle. Call for your private tour and see for yourself all this home has to offer.
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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