Rarely does a home offer this level of flexibility, privacy, and
opportunity. Lovingly maintained by its original owner, this custom
residence features an attached accessory dwelling unit (ADU), an
increasingly sought-after amenity for multigenerational living,
extended family, or rental income. Conveniently located on the same
level as the family room, kitchen, dining area, breakfast nook, and
expansive backyard deck, the ADU also enjoys garage-level access,
making daily living more comfortable for extended family members or
guests. The ADU is part of the original build. Set on more than an
acre adorned with picturesque trees, the property is surrounded by
the preserved native beauty of California landscape. Inside, the
formal living room welcomes you with a dramatic wood-beamed ceiling
and charming fireplace. Just below, the formal dining room is
surrounded by windows that frame the landscape and make every
gathering feel connected to the outdoors. The family room, kitchen,
and breakfast nook continue the experience, offering sweeping views
of the trees and hills beyond, along with a deck that runs the
length of the home. Five bedrooms and four bathrooms are
thoughtfully arranged across the tri-level design, with balconies
off all of the bedrooms providing peaceful places to enjoy the
scenery. The home is filled with natural light. A hallway nook
creates the perfect space for a small library, office, or craft
room, and the home offers abundant storage throughout. Outdoors,
the natural landscape showcases Pepper, Sycamore, and Live Oak
trees along with the fragrant beauty of sage, monkey flower,
buckwheat, California poppies, and orange trees. Bird lovers will
enjoy the many colorful hummingbirds and various birds who also
call this place home. An outdoor gardening room allows you space to
continue preserving this rare native land, while an additional
driveway provides extra parking for gatherings. Residents of
Country Estates enjoy access to a heated swimming pool, badminton
courts, basketball courts, tennis courts, pickleball courts, and
scenic walking trails, all within the gated community.
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.
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