45 Grove Road
About This Property
This 3 bedroom, 2 bath charmer is a must see. It is the perfect opportunity to own your own hobby farm with a great view. This Beautiful home has so much to offer with a wonderful 2 story barn with power and a separate well, fenced pasture, well house, POND and adorable chicken coop it is just waiting for you to bring your livestock.
Come enjoy country living in this peaceful hamlet. House has been completely redone and most major components are new since 2012. Including well, Generac, propane tank, Culligan & roof.
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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