About This Property
4.825 acres, with one of the best views in Big Canoe! Panoramic views of Lake Petit and the mountains provide the backdrop for soaring
eagles and magnificent sunsets. In 2020, the entire house was renovated converting it from a rustic cabin to an elegant home with
hardwood floors throughout. The new kitchen with soapstone counters, SS appliances is a chef's dream and the renovated bathrooms have
glass enclosed showers and new vanities. The fabulous master bedroom retreat boasts a fireplace in the bathroom with a jetted soaking
tub, his and hers vanities, designer closets and a washer/dryer. A sunroom which runs the length of the house and has 180 degree
mountain views is a favorite of both family and guests making it central for entertaining. An all season room with a hot tub and fireplace is
the perfect spot to lose the stress of the day. The Terrace level offers three bedrooms which adjoin a large covered porch with beautiful evening
views. Extensive landscaping thrives and there is a greenhouse for wintering plants and fencing for the family pets. The 2 car garage with
a sink and counters has insulated storage overhead. It is time to come home to the beautiful Blue Ridge Mountains of Big Canoe for the
true mountain experience. ***A $3500 Buyer paid Capital Improvement Contribution will be due at closing. Buyer to verify all information
and dimensions deemed important. This home is available for immediate occupancy!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2023 | Sold | ||
| Sold | |||
| May 20, 2023 | Listed by Harry Norman Realtors | $0 | |
| Listed by Harry Norman Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017