Beautiful views, a peaceful cul-de-sac setting, & the ease of
ranch-style living make this property one that immediately stands
out. Set on 1.06 acres along a private road, the home feels tucked
away without being far from town, offering privacy, scenery, &
convenience. The main level offers comfortable one-story living
with 3 bedrooms & 2 baths, & a bonus room, while the mostly
finished basement adds valuable additional space. A large picture
window in the living room takes full advantage of the setting &
brings in plenty of natural light. You'll also find hardwood
flooring in portions of the home & a newer granite countertop in
the kitchen. There is plenty here to work with & opportunity to add
your own style & updates along the way. Some of the property's best
details are behind the scenes. The mechanical & electrical systems
are well maintained, organized, & clearly labeled, & thoughtful
attention has been given to exterior drainage, practical details
that show planning & care where it counts. The outdoor setting is a
highlight. 160 young arborvitaes have recently been planted along
the property border, creating the beginnings of a natural privacy
screen that will fill in as they mature. Enjoy your morning coffee
from the front porch, take in the views from the deck, or relax &
entertain on the patio. There is a well fertilized garden in the
back. Plenty of storage & workspace are another big plus. The
garage workshop & additional outbuildings provide plenty of room
for tools, equipment, hobbies, projects, & storage, adding even
more versatility to the property. In addition to the peaceful
setting, you're still just a short drive from shopping,
restaurants, healthcare, SUNY Cobleskill, & everyday conveniences.
The property is located within the CRCS district. With its scenic
setting, ranch-style layout, finished space downstairs,
outbuildings, & room to make it your own, this property offers a
combination that's hard to find.
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.
Parking Features: Storage, Workshop in Garage, Paved, Attached, Carport, Driveway, Garage Door Opener
Garage Spaces: 8
Interior Details
Full Bathrooms: 2
Interior Features: Other, High Speed Internet, Elevator, Eat-in Kitchen, Paddle Fan, Solid Surface Counters, T1 Internet
Appliances: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Water Purifier, Water Softener
Flooring Type: Vinyl, Carpet, Hardwood, Linoleum
Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
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