172 Rain Dance Trail
About This Property
The main level features a private primary suite that speaks luxe and comfort with it's vaulted and beamed ceiling, en suite bath with granite counters, a glass enclosed oversized shower and two generously sized closets for all the things. The rest of the space on the lower level offers a balance of open living area and defined spaces. Upgraded finishes and natural light create a comfortable, easy flow throughout the entire home.
The oversized game room is the feature buyers will remember. Whether used for entertaining, a second living space, or a dedicated retreat, with it's expansive views, en suite half bath, wet bar with granite counter, built in ice maker and kegerator and bar seating--this space adds a level of versatility that sets this home apart from others you may see on the market.
Outside, the property opens up to usable acreage with full perimeter fencing, gated entry, a dog proof back yard already in place. There is plenty of space for adding a shop, RV storage or for parking trailers and equipment. The surrounding area is known for consistent wildlife activity, adding a layer of privacy and experience that goes beyond the home itself.
For buyers looking for space, functionality, and a property that feels complete, this one stands out.
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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