131 Catfish Trail
About This Property
Tucked among mature cedar trees, the main home is full of rustic charm with a log cabin feel, soaring vaulted ceilings, exposed beams, and a cozy fireplace. The layout features 2 bedrooms, 1 full bath, a loft overlooking the living area, plus a dining room and laundry room. Step onto the covered balcony and enjoy peaceful lake views.
The attached covered and screened-in porch is an entertainer's dream with an outdoor kitchen-perfect for hosting year-round.
Outside, enjoy abundant parking, a circle driveway, covered carport, playground, large grassy areas, horseshoes, firepit, spa, and multiple shaded spots to relax. The wooded acreage offers privacy and room to explore.
The detached guest house includes a half bath and can serve as a third bedroom, game room, guest quarters, or office.
With lake views, resort-style amenities, and endless possibilities, 131 Catfish Trail is the perfect escape or income-producing property!
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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