ABSOLUTELY STUNNING - OVER 250K in Improvements!! Come Enjoy
this Fully REMODELED Home sitting on 2 ACRES of Useable Land with
BEAUTIFUL VIEWS of the Surrounding Mountains!! The Perfect
Home for ALL Horse Lovers and OWNER-OPERATORS needing MORE SPACE
with the Country Lifestyle * * Enjoy this EXPANSIVE Floor-Plan
offering 2540sqft with 3 LARGE Bedrooms and 2 Bathrooms * *
Beautifully REMODELED ISLAND Kitchen with QUARTZ Counters & Custom
Back-Splash, Liquor Cabinet/Bar Area, Breakfast Counter for the
Kids, NEW STAINLESS STEEL Appliance Package and Breakfast Nook to
Enjoy Your Morning Coffee * * Separate FORMAL Living Room and
Formal Dining Room is PERFECT for Family Gatherings * * The FAMILY
ROOM offers a CUSTOM TILED Raised Hearth Fireplace, Wood Flooring
Throughout and HIGH VOLUME Ceilings with (2) Ceiling Fans * *
UPGRADED Throughout with Custom 2-Toned Interior Paint, DESIGNER
FIXTURES, Custom Double Door Entry, Wrought Iron Stair Railing,
Ceiling Fans, NEW Interior Decor Doors, REMODELED Bathrooms, NEW
WOOD FLOORING, Recessed LED Lighting, NEW Vinyl Windows, NEW Base
Molding, Newer Roof & AC, Custom Closet Doors, REMODELED Kitchen,
PLANTATION SHUTTERS, Mirrored Wardrobes, REMODELED Kitchen, Rain
Gutters, New Exterior Paint and SO MUCH MORE * * SPACIOUS Primary
Bedroom Suite with PRIVATE BALCONY to ENJOY the SERENE VIEWS & a
GIANT Walk-In Closet - And - FULLY REMODELED Primary
Bathroom offers His & Her Sinks, CUSTOM TILED Walk-In Shower,
Relaxing Garden Tub * * (2) Additional Nicely Appointed Downstairs
Bedrooms each with Ceiling Fans and a FULLY REMODELED Bathroom with
Custom Tiled Shower and Vanity * * Laundry Room with Plenty of
Storage with Built-In Cabinets * * * * Private Gated Access on your
TWO ACRE Parcel and includes your (3) CAR Attached Garage with
Designated RV/Trailer Pad, COVERED Patio with Brick Pavers, Covered
Horse Stalls/Mare Motel for (5) Horses with Riding Arena 180' x 90'
& Tack-Room/Shed and Separate Wash Rack, Chicken Coop/Animal Pen,
Your Own Producing Fruit Tree Orchard with over 100 Trees and ROOM
for Animals, ADU/Workshop, Trucks, RV/Trailers and MORE * *
SECLUDED & PRIVATE Location...Only 7 minutes from Town with Access
to all Amenities * * This Home is Located in an Exclusive Enclave
of Million Dollar Homes and Just 2 miles to Santa Margarita Trails
where you can ride off the property or trailer to Sandia Creek
Staging Area - Or just ride the Neighborhood Trails * * The PERFECT
BLEND of Comfort, Space and Functionality!
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.
This is a well maintained home located only 7 minutes from town. The property is gated and fully fenced and the home is elevated on the parcel to take in the great breezes and peaceful views. This is a custom home with beautiful stone fireplace and hearth, oak cabinetry, granite countertops, vaulted ceilings and low-E windows and sliders. There is a capped well for irrigation, an orange grove, 3 agricultural buildings and plenty of room to develop it to suit your fancy. Privately located yet close to town Neighborhoods: Rock Mountain/De Luz Equipment: Garage Door Opener, Range/Oven, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Dry Bar, Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Entrance Foyer, Balcony, BreakfastArea, SeparateFormalDiningRoom, QuartzCounters, TwoStoryCeilings, Attic, BedroomOnMainLevel, DressingArea
Appliances: Convection Oven, Double Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Refrigerator
Flooring Type: Carpet, Tile, Wood
Door Features: Mirrored Closet Door(s), Sliding Doors, PanelDoors
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Family Room, Living Room, Bedroom
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