142 McKinstry Road
About This Property
Enjoy the sound of water running over rocks while sitting by the stream in your back yard?? Then this is the home for you. Nestled in the heart of the Hudson Valley with easy access to hiking, biking and climbing at the Mohonk Preserve, and Minnewaska State Park, this home includes four bedrooms, two baths, a sun room overlooking the meadow and stream, hardwood floors and a wood stove in the heart of the family room. The house has an open floor plan with light streaming in through the windows and it sits on a quiet country road. In the backyard is a stunning stream, a three stall horse barn, and a detached garage with income apartment for a potential workshop. This is a multifamily property. If you are into gardening, creating your own minifarm or just sitting outdoors listening to the birds this 3.8 acre expanse allows you to ramble in nature and create your own little paradise . Additional Information: Amenities:Guest Quarters,HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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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