22256 CHERATON ROAD
About This Property
As you pull through the solar-powered gate and head down the paved driveway, you'll immediately notice the beautiful grandfather oak trees that make this property feel like home. Recent improvements, including new fencing, fresh landscaping, and an irrigation system, make the property as functional as it is beautiful. With no rear neighbors, you'll enjoy the privacy of rural living while still being just a short drive from the interstate, shopping, restaurants, and everyday conveniences.
This property is truly set up for work, play, and sustainable living. You'll find a 24x40 pole barn, plenty of storage, a walk-in refrigerator, a massive new chicken coop, and room to park your RV, boat, trailers, and all your toys. Whether you're starting a hobby farm or expanding an existing one, much of the work has already been done for you.
Love spending time outdoors? You'll have plenty of places to relax, whether it's enjoying your morning coffee on the front porch or hosting family and friends on the oversized 16x32 screened back porch overlooking the property.
Inside, this well-maintained home offers 4 bedrooms, 2 bathrooms, and an open floor plan that's perfect for everyday living. The spacious primary suite is tucked away for privacy and features a beautiful walk-in shower with a glass enclosure and built-in bench, a soaking tub, and a large walk-in closet with plenty of storage.
The kitchen offers generous cabinet space, lots of countertop space, and is ready for you to make it your own. Two separate living areas give you the flexibility to create a family room, game room, home office, or whatever best fits your lifestyle.
One of the standout features of this property is its income-producing potential. It's already approved for a second home, making it ideal for multigenerational living or future expansion. Near the front of the property, you'll find a separate RV site that's already equipped with its own septic system, electric, and water connections. The current owners have successfully used it as a rental income opportunity, giving the next owner the option to continue generating extra income or use it for guests and extended family.
It's not often you find a property that offers a newer home, five beautiful acres, room for animals, thoughtful upgrades, income potential, and the privacy of country living-all in one package.
Come experience everything this incredible property has to offer. Schedule your private showing today!
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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