3685 Holcomb Road
About This Property
Step inside to nearly 3,000 square feet of finished living space. The home offers 3 bedrooms with the potential for a 4th non-conforming bedroom in the loft. The primary en-suite is conveniently located on the main level. A large loft overlooks the expansive living room, where a beautiful wood-burning stone fireplace creates the perfect log cabin atmosphere. The loft also features double doors leading to a private balcony retreat.
The open-concept kitchen with dedicated dining area is ideal for family gatherings, while the large mudroom provides the perfect place to store outdoor gear after a day of exploring. The finished walkout basement is bright and spacious, offering additional living space with a large family room and partial kitchen--perfect for entertaining or hosting guests.
Outdoor living is just as impressive with a large back deck overlooking the property and a spacious front porch made for relaxing in rocking chairs while enjoying peaceful country views. A circular driveway provides convenient access to the home and outbuildings.
The property includes three outbuildings, including a 3-car garage built in 2020, a pole barn, and a traditional barn. All outbuildings feature cement floors, water, and electricity, and two could easily be refreshed with a new coat of paint. Additional features include two chicken coops, select fenced areas, and a metal roof, making the property well suited for hobby farming or homesteading.
A rare opportunity to own a private countryside retreat with room to roam.
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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