1318 Highway 177A
About This Property
Country Living at Its Best on 2.6 Beautiful Acres!
Welcome to 1318 Highway 177A, where peaceful country living meets endless possibilities. Nestled on 2.6 private acres, this charming 3-bedroom, 2-bath manufactured home offers the perfect opportunity for those seeking a quiet retreat, homestead, or investment property with room to grow.
Surrounded by mature landscaping, the property is a gardener's dream, featuring an impressive variety of established fruit trees and bushes, including pears, peaches, plums, figs, blueberries, and more. Beautiful blooming crepe myrtles add vibrant color and charm, creating a picturesque setting throughout the year.
Enjoy your morning coffee or relax in the evening from the spacious covered front porch, overlooking the peaceful surroundings and abundant wildlife that make country living so special.
Inside, the home features a functional split-bedroom floor plan with 3 bedrooms and 2 full bathrooms. A newer metal roof provides added value and durability. While the home could benefit from a little TLC, it presents an excellent opportunity to personalize the space and build equity.
Whether you're looking to start a homestead, plant a garden, raise chickens, or simply enjoy the privacy of rural living, this property provides the space and freedom to make your vision a reality.
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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