1640 NOLAN Road
About This Property
Boasting a generous living space of 2,634 square feet, this home invites you in with its warmth. The interior seamlessly combines custom slate tile and hardwood as the floor plan flows effortlessly from one room to the next. The spacious kitchen is a chef's delight, distinctively separated from the large living area, offering ample counter space, storage, and room for culinary exploration. Meanwhile, the inviting living area serves as the perfect space for gatherings, quiet evenings, or simply basking in front of the fireplace in the tranquility of your surroundings.
The home features three comfortably-sized bedrooms, providing ample space for rest and relaxation. The two well-appointed bathrooms are thoughtfully designed, ensuring a comfortable experience. The property truly comes into its own when you step outside. The private pool area is your personal oasis, enclosed and perfect for leisurely swims or sun-soaked afternoons.
Two separate detached workshops stand ready to fuel your creative or practical pursuits. These structures could easily be converted into livestock barns, making this property an ideal choice for those wishing to keep horses or engage in other agricultural activities. In essence, this property is the perfect blend of tradition, comfort, and potential. It offers not just a home, but a lifestyle - a dream sanctuary for those who yearn for space, nature, and the companionship of horses. Schedule your showing today.
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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