22110 GOSHEN SCHOOL RD
About This Property
The property also features updated electrical switches and outlets, all of which are smart home compatible (ZWave), allowing for easy control of lighting and other smart devices. Embrace sustainable living with the addition of a Level 2 Electric Vehicle Charger (Juicebox Pro 32) in 2020, providing fast and efficient charging for your electric vehicle. In 2021, the exterior of the home was updated with new siding, enhancing its curb appeal and protection against the elements. The electric panel was also replaced in 2021, ensuring a reliable and safe electrical system.
Additionally, this property offers a fully renovated barn/shop, spanning 800 square feet with a 24'x34' interior. The renovation includes a new concrete floor, electrical wiring, HVAC, and new exterior steel. The barn/shop provides versatile space for a workshop or storage, catering to a variety of needs.
Beyond the upgrades, this property has much more to offer. With 5.8 acres of land, which is subdividable, and no homeowner's association (HOA), you'll enjoy the freedom and flexibility of owning a large property without restrictions. Nature lovers will be enchanted by the presence of foxes, deer, rabbits, and a variety of birds, creating a peaceful and serene environment. Gardening enthusiasts will appreciate the established fruit trees, berry bushes, and flowering trees on the property.
Inside the home, you'll find a spacious and well-thought-out kitchen featuring granite countertops, a coffee bar, and a generous pantry. Two working fireplaces add warmth and charm to the living spaces, while generously sized rooms provide ample living space for various lifestyles. The family room is a welcoming space with French doors leading to the patio, a bay window with a cozy seat, and built-in bookshelves and storage for added convenience. A mudroom with a utility sink helps keep the home organized, and wood floors throughout add a touch of elegance.
Parking is never an issue with plenty of space available, and sports enthusiasts will appreciate the basketball hoop and court on the premises. The bathrooms are tastefully upgraded with granite countertops, and the property offers a blend of beauty and functionality with its flowering trees, fruit trees, and berry bushes.
Don't miss out on this remarkable property that combines upgraded features, spacious living, and a natural setting to create a truly special place to call 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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017