18128 Bowman ROAD
About This Property
Inside, the open-concept living area creates a cozy ambiance. The kitchen boasts a massive island with a wooden countertop and ample cabinet storage underneath. It combines farmhouse sinks with modern appliances, blending old-world charm with contemporary convenience.
Each bedroom offers ample space and natural light, with the master suite including an en-suite bathroom with custom shades for privacy and a walk-through closet.
The property features an in-ground heated pool and a beautifully maintained garden, ideal for growing fresh produce or flowers. The expansive 15 acres provide ample opportunities for farming, horseback riding, or simply enjoying nature's tranquility. A playground set with slides and swings is also included. Additionally, the garage is equipped with an electric car (Tesla) charger, and it includes a gray storage unit and a metal cabinet. The gardening area has a shed for your tools and supplies.
Please note: The mowing tractor is not included in the sale but is available for an additional $2,000. Some pictures are virtually staged.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by LPT REALTY | $725,000 | |
| Listed by LPT REALTY | |||
| Jan 18, 2021 | No longer available | - | |
| No longer available | |||
| Jan 14, 2021 | Listed | $575,000 | |
| Listed | |||
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WELCOME HOME -- this 2019 built 3/2/2 home is nestled on 15 acres of agriculturally zoned privacy. With more than 2100 sqft of living space, this home is sure to impress. Entry to the home includes overlooking the pool through large, sliding glass doors. Luxury vinyl flooring throughout the home; no carpets! The gourmet kitchen features a large, center island offering a 72sqft hickory counter with ample seating around and built-in microwave. High end appliances include a Thermador 6-burner gas cooktop, double-wall oven, dishwasher with a 2-door fridge/freezer combo; all appliances are stainless steel. The kitchen also features a beautiful subway tile backsplash, large upper and lower cabinets, & quartz counter-tops. The living room is highlighted by a shiplap wall. Guest bedrooms are split by the guest bathroom which features a subway tiled shower with frameless glass door. Master-suite offers dual sinks & granite counters. The saltwater pool is 14x28, screen enclosed and the deck is all new brick pavers. Additional features include: inside laundry room with LG washer/dryer, Rinnai tankless hot water heater, whole house gutters, brand new covered well, water filtration system, 120 gallon underground gas tank, planted fruit orchard, and 3/4mi walking trail within the trees. Home is eligible for a Forest Management Plan to harvest pine trees from your land. Outdoor shed with planting station. The entire property is fenced in. Block of the home has a foam core fill for better insulation. Truly an awesome place to call home! Make an appointment to view this before it's gone The manager has listed the unit size as 2103 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017