208 COLLINS ROAD
About This Property
cottage is ideal for relaxed mornings and tranquil evenings. Sitting on 1.73 acres, it boasts stunning 360
degree mountain and valley views from every direction, with ever-changing vistas that shift beautifully
throughout the day. Just across the road lies the lovely town park-a perfect spot for leisurely strolls, picnics, or playtime. With schools nearby, it strikes the perfect balance of quiet retreat and everyday
convenience. Step inside to a warm, welcoming space that's cozy and manageable, without the burden of excess upkeep. The kitchen serves as the cozy hub, perfect for whipping up weekend breakfasts or midnight treats, while the living area beckons you to unwind and linger. Outdoors, you'll appreciate the practical perks: two handy storage sheds for gear and extras, plus a versatile bonus building that could be your personal she shed, man cave, hobby spot, or private getaway for creativity or relaxation. This is the sort of home that simplifies life, where the scenery encourages you to pause and appreciate the moment, and each sunset feels like a personal spectacle. Properties with this much charm and setting are rare-schedule a visit soon! TAX ID 53-(A)-28
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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