2739 County Road 29
About This Property
The well-appointed kitchen includes stainless steel appliances, a gas range/oven, refrigerator, dishwasher, microwave, a large center island with seating, and an eat-in dining area. The generous primary suite features a sliding barn door leading to the private bath with an oversized shower, double-sink vanity, and a walk-in closet with its own barn door. Ceiling fans are featured in every bedroom, soft-close cabinetry is found throughout, and 36-inch doors provide added accessibility. Both bathrooms and the laundry room are enhanced with solar lights, while the laundry room also offers cabinetry, a doggy door, and backyard access.
Outside, both the front and back yards are fully fenced and equipped with a sprinkler system. Enjoy evenings around the fire pit or relax under the gazebo, already wired for a future hot tub. A 1,000-gallon owned propane tank, well filtration system, lined crawl space with sump pump, and numerous thoughtful upgrades provide peace of mind.
The impressive 1,200 sq. ft. heated shop features spray foam insulation, LED lighting, three 220V outlets, a 10' x 16' overhead door, and a 50-amp RV hookup under the overhang. The heated 24' x 26' detached garage includes a pull-down attic ladder, doggy door, 8' x 8' rear roll-up door, and attached dog run. Both outbuildings feature durable metal roofs. If you're looking for space, functionality, and spectacular views, this exceptional property is ready to welcome you 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%.
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