2462 Mcconnell Road
About This Property
Inside, the home features granite countertops in the kitchen and both bathrooms, classic blinds throughout, updated fixtures, and an open-concept layout that feels bright, welcoming, and thoughtfully designed for comfortable everyday living. The efficient floor plan allows you to enjoy more of the land, the shop, and the outdoor spaces that make this property truly special. A huge, covered porch extends the living area outdoors and creates an ideal space for entertaining, relaxing, or taking in the sunset views. The massive shop is a standout feature, complete with epoxy flooring and spray-foam insulation, making it an excellent mancave, hobby space, or professional-grade workspace. A mint-condition storage container conveys with the property and can easily be finished into a she-shed, office, studio, or ADU. The property also includes a carport suitable for boat storage or additional covered parking. With its quiet location, exceptional privacy, and a layout that supports gardening, farm life, or both, this property offers a rare opportunity to enjoy country living with pride of ownership evident in every detail. This property is the total package: peace, tranquility, man cave, she shed, garden, grass, trees and space for even more of your dreams to turn into reality!
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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