3883 Elliott Field Trace
About This Property
The lifestyle here is defined by the seamless transition between indoor comfort and the natural beauty outside. Situated on a private lot, the property backs up to an expansive ninety-acre farm where you can enjoy the serene sight of horses roaming in the distance right from your covered deck. This outdoor oasis is perfect for alfresco dining regardless of the weather, complemented by a detached shed for extra storage and seasonal gear. Just five years young, this meticulously maintained home is a standout choice for first-time buyers seeking a fresh start or those looking to simplify their lifestyle without sacrificing quality.
Located in the charming Quinton area of New Kent County, you will benefit from quick access to Interstate 64, making commutes to Richmond or Williamsburg effortless. Residents enjoy being part of a growing community known for its local wineries, scenic golf courses, and historical sites, all while maintaining a quiet, country feel. Whether you are sipping coffee on the deck while watching the neighboring horses or hosting a holiday gathering in the sun-drenched living area, this property offers a peaceful sanctuary from the daily hustle. Schedule your tour today to experience this exceptional property in person and see why it is the perfect place to call 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