19650 N River Road
About This Property
The first floor features a private entry, two bedrooms, one bathroom, a cozy living room with a fireplace, and a kitchenette. It is ideal for a MIL suite, guest quarters, or even offers potential for rental income if desired. Upstairs, French doors at the top of the wooden staircase open to the main living, dining, and kitchen areas. The kitchen has ample cabinet and countertop space, stainless steel appliances, and allows you to enjoy the scenery while dining or unwinding on the sofa after a long day. The second floor also includes another bedroom and a dedicated laundry room. Two outdoor spaces provide peaceful spots to relax and take in sweeping views of the landscape. The third floor is a sun filled retreat with a loft, the primary suite, and two more balconies that highlight the natural beauty of the property! An added bonus: there are five electric roll-down shutters that help provide privacy and let you control the light throughout the home.
This residence includes numerous updates! The well was replaced in 2020. Second and third floor air conditioning units were replaced in 2022. The water heater was replaced in March 2025. The flat roof was replaced in 2017. Impact French doors were added by the kitchen in January 2025. The septic system was pumped in November 2025. The washer and dryer remain with the home. And power is set up for a 30-amp RV hookup.
Outside you can truly enjoy incredible views from every angle! The pond, privacy, and beautifully landscaped grounds create a serene, picture perfect setting. There is plenty of room for children to play or pets to explore! A detached workshop provides endless possibilities for hobbies, projects, or storing equipment. It also includes additional attic storage. You're sure to spend time lounging on one of the many balconies, wandering the property, or watching the local wildlife! This property perfectly blends charm, potential, and tranquility. A short 15 minute drive brings you to Babcock Ranch, where shopping, dining, and entertainment await!
If you have been dreaming of a home that offers seclusion, personality, and 10 acres of natural beauty, this extraordinary Alva retreat is ready to welcome you home!
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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