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13162 County Road 280
About This Property
There is a formal dining room as well as room at the kitchen island for eating. Formal living room faces the front (south) of house, family room faces the back (north). Two good-size bedrooms share a full bath on the East side of the living area. A beautiful master suite is on the West side with another full bath (soaking tub and separate shower, 2 separate vanities). The large walk-in closet features shelves and skylights!
From the master bedroom, you can walk into the sunroom, which features large windows on 3 sides, sauna, pellet stove, and a propane heater. A truly lovely room with views to the South, North, and Mt Princeton!
The laundry room is located off the kitchen, then you walk through utility room into the 4 car garage.
This 40 acres is completely fenced, and has a domestic well. There is a shed for household storage and one for the well house. The 2500 sq ft barn to the North has been used for hay and equipment storage; there is a door large enough to accommodate an RV on the North side. The 2160 sq ft stable building currently has 6 stalls; could be up to 8. There are heated, self watering troughs, room for tack and storage. There is a 1000 sq ft covered area between the 2 buildings, with sliders into each building.
Come bring your horses and/ or your "toys"! There is plenty of room for everything!!!
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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