286 Eagle Mountain Trail
About This Property
The great room is anchored by a striking gas log fireplace and stone surround, with tall windows framing the surrounding trees. The kitchen is beautifully appointed with white cabinetry, a large island, stainless steel appliances, and a free standing gas range, all flowing easily into the dining area for effortless entertaining.
The primary suite offers a spa like retreat with a freestanding soaking tub, separate walk in shower, and dual vanity, while additional bedrooms and baths feature classic subway tile, shiplap walls, and cozy wood ceilings. A stacked washer and dryer add everyday convenience.
Step outside to multiple covered decks, a hot tub/spa, fire pit, and grill area, all tucked into the trees for total privacy. Additional features include a smoke alarm system, laundry room, gravel drive, and private water and propane utilities.
Located just minutes from Broken Bow Lake and the area's popular hiking, fishing, and outdoor recreation, "Ravenswood" is ideal as a private retreat, income producing rental, or full time mountain 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