18807 AQUASCO RD
About This Property
Boasting three separate lots, Connick's Folly offers endless possibilities for outdoor enthusiasts. Explore miles of scenic trails perfect for hiking, biking, or horseback riding, immersing yourself in the natural beauty of the surrounding landscape. With 10 cleared acres ideal for farming or ranching, cultivate your own agricultural dreams in this picturesque setting.
The property features three charming barns/utility buildings, providing ample storage space and endless potential for workshops or creative endeavors. Privacy abounds in this tranquil sanctuary, offering a serene escape from the hustle and bustle of everyday life. Connick's Folly epitomizes sustainable living while preserving the rich ecological diversity of the land. Additionally, with one allowed building site for a second house, the possibilities for expansion or multi-generational living are boundless.
Experience the timeless allure of Connick's Folly – where history, nature, and modern luxury converge to create a truly exceptional estate. Embrace a lifestyle of unparalleled beauty and tranquility in this iconic 19th-century masterpiece.
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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