206 MOTES Road
About This Property
Escape the hustle and bustle without sacrificing modern amenities. This charming 3-bedroom, 2-bathroom country home offers the best of both worlds: serene rural living just minutes from town. Nestled on 1.16 acres, this property provides ample space for outdoor activities and gardening. Equipped with a storage shed so bring your tools and lawn equipment.
Inside, you'll find a comfortable split floor plan, perfect for privacy and entertaining. Enjoy breathtaking views from the large front deck, complete with composite decking for low-maintenance living. The paver patio and pergola create the ideal setting for cozy fall evenings.
Zoned Ag so bring your fur babies and chickens!
Conveniently located near schools, medical facilities, parks, shopping, and more, this home offers the perfect balance of tranquility and accessibility. Don't miss this opportunity to own a piece of country paradise!
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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