OPPORTUNITY KNOCKS! LIVE, WORK, INVEST AND EXPAND! Entrepreneurs
take note of this unique offering that combines an established
commercial property with residential accommodations, substantial
storage and surrounding acreage along Route 12A, minutes from Keene
and Surry Mountain Lake. Striking red garage doors make an
immediate impression, while generous parking serves customers,
employees and residents. Five garage bays are designed for serious
work, with a service pit, high-clearance ceilings, air compressor
and water lines, abundant lighting and electrical hookups. An
adjoining office benefits from large windows that bring in natural
light and keep business within view, while additional utility areas
provide valuable space for organization. A separate outbuilding at
the rear of the property adds workshop versatility and extra
storage capacity. Above the commercial operation, the property
takes an unexpected turn. An executive suite creates the compelling
option to live where you work or explore additional rental income
potential. French doors brighten an open living and dining area
warmed by a fireplace, while the well-equipped eat-in kitchen is
ready to host meals with extensive wood cabinetry, a pantry and a
complete suite of appliances. Two bedrooms provide restful retreats
each boasting en suite bathrooms and French doors that invite fresh
air and morning coffee outdoors. The expansive rear deck wraps
around the building amid a backdrop of mature trees, creating a
surprisingly private setting removed from the activity below. Dine
or entertain outdoors or simply settle in at day's end, perched
among the treetops. The topmost attic level provides even more
storage or potential for future finishing while dual balconies
capture views of mountains, sky and water. Pair all of this with
surrounding wooded acreage and the possibility of future
subdivision, subject to approval, and the value proposition becomes
clear. ONE PROPERTY WITH MULTIPLE PATHS FORWARD!
Payment Calculator (Computations Provided by RealtyHop)
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Cap Rate Calculator
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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.
Appliances: Down Draft, Electric Cooktop, Dishwasher, Dryer, Range Hood, Microwave, Electric Range, Refrigerator, Trash Compactor, Washer, Water Heater, Electric Water Heater, Water Heater, Water Heater, Water Heater, Induction Cooktop, Exhaust Fan, Vented Exhaust Fan
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