35539 State Route 12e
About This Property
Inside the open concept floor plan features 2 bedrooms and 1 bath, with Anderson windows that showcase stunning water views and fill the home with natural light. The partially furnished interior is complemented by a cozy pellet stove, creating a comfortable space to relax throughout the season.
Step outside and enjoy the property's exceptional outdoor living spaces. Multiple level decks, including a covered deck overlooking a tranquil pond and the St. Lawrence River, provide the perfect setting for morning coffee, evening sunsets, and entertaining family and friends. Gather around the firepit for those chilly nights and roast marshmallows while taking in the peaceful sights and sounds of nature and the surrounding beauty.
Additional features include the convenience of city water and a versatile storage shed that can easily serve as a bunkhouse for extra guests. The cottage has a dry basement on a concrete slab, with almost 5 feet of head space for easy accessibility to the water heater and water lines for servicing for winterization, as well as ample storage space for all your seasonal toys and lawn furniture. Whether you're looking for a seasonal escape or a place to create lasting waterfront memories, this bungalow offers a rare opportunity to enjoy river living in a peaceful natural setting.
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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