2588 Tram Rd
About This Property
Entertain in the large great room, or snuggle together with popcorn and a movie in the adjoining media room (or bonus/craft room). Both the media room and kitchen have exterior exits to the large back deck (LARGE 30'x15')... for grilling, eating and enjoying your serene surroundings.
All 3 baths are updated. The unique, large guest bath has custom armoire, claw-foot soaking tub with travertine tile surround, and separate shower with same tile; it is like a private retreat all on its own!
An added feature is the 36" halls and interior doors of 36" width, making it wheelchair friendly.
The master has a double French door (with built in blinds) leading to an additional side deck.
The master bath has a Jacuzzi soaking tub, walk in closet with built-ins, and a vessel sink on white marble.
There is a Cypress pond on the property, as well as the Food Plot, Hunting house, chicken coop and storage barn. House comes with an Alliance security system, including a camera and O2 detector. There are 2 septic tanks on the property, with the capacity to add 3 more beds and 1 bath. There is a transferable termite bond with Guardian pest service. This is a MUST SEE if you want a country home with privacy, convenience, beauty and potential to have a fully sustainable home with small farm possibilities, and plenty of room to build more! This is truly a unique place to call home.
PS The Master has a walk-in closet, and one bedroom has a framed closet. The other two bedrooms in the main house have portable closets, but the owner's are willing to frame closets in those bedrooms.
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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