One of the most stunning offerings in The Governor's Land at Two
Rivers! This all-brick residence offers over 5,250 SF with 5
bedrooms, 4.5 baths and an exceptional, thoughtfully updated
floorplan. The first-floor primary suite features a beautifully
renovated spa-like bath, while the completely renovated chef's
kitchen showcases custom cabinetry, quartz countertops, a large
island, Butler's Pantry and Wolf & Sub-Zero appliances. A spacious
office, bonus/game room, sunroom and abundant storage add
incredible versatility. Major improvements include a new
architectural-shingle roof, 2022 zoned HVAC systems, 2023
whole-house plumbing replacement, 2024 water heater. Outside, enjoy
a serene wooded backyard, extensive landscaping and hardscaping,
upgraded lighting and wonderful entertaining spaces. A rare 3+ car
garage. A huge bonus - multi-zone irrigation is supplied by a
private well for low-cost watering.
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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