Unrestrained by restrictive covenants, four secluded acres cradle
the custom brick residence at 2428 Helena-Moriah Road in
Timberlake, offering an uncompromising synthesis of sprawling
square footage and contemporary refinement. Spanning upwards of
3,300 heated square feet, the interior pairs rich hardwood flooring
across primary living zones with polished ceramic tile in the
washrooms. Recent capital improvements secure total peace of mind,
highlighted by dual-zone climate control systems and newly fitted
windows that draw shifting cascades of daylight across every room.
Culinary endeavors find an ideal stage in the sprawling kitchen,
equipped with generous cabinetry, polished granite surfaces, and a
state-of-the-art double oven, complemented by a freshly redesigned
pantry just steps away. A sanctuary of its own, the main-level
primary suite features an extensively renovated bathroom complete
with a walk-in tiled shower and a deep soaking tub. Beyond this
retreat, formal dining spaces and a sweeping living area establish
an effortless flow for both daily routines and grand entertaining.
Ascending either of the dual staircases reveals an upper level
dedicated to privacy and versatility: two well-proportioned
bedrooms linked by a Jack-and-Jill bathroom, a substantial bonus
space poised above the attached two-car garage, and an adaptable
flex room. Out of doors, utility matches aesthetics through an
auxiliary detached two-car garage and workshop-complete with an
adjoining lean-to-alongside a dedicated shelter for an RV or
watercraft. Whether morning unfolds across the deep, landscaped
front porch or evenings settle over the expansive rear brick patio,
this private estate delivers a rare union of seclusion and modern
livability.
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.
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