18 Cherry Tree Hill Road
About This Property
Your mountain retreat! Surrounded by trees and nature, this is the ideal spot to build your 4 bedroom home. Fully engineered. Buy today build tomorrow!
Two story barn has 5 stalls that are 12 x 12. Running down the center of the barn is a concrete floor, perfect for horses. If horses aren't your thing barn could be converted to a 4 plus garage. You are able to drive completely thru the barn. Total dimensions are 34 x 36.
Ideal location! Private road off Cascade Road, Orange County. Minutes to downtown Warwick on a daily basis. 90 minutes to to Port Authority.
Unlimited potential. All it needs is your imagination and dreams of a future in the Hudson Valley.
This parcel has road frontage on two roads. This lot is not sub-divid.able
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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.
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About Orange
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Data Source: OneKey MLS
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