452 Mountain Road
About This Property
The custom country kitchen features granite countertops and hickory cabinetry, designed for everyday use and gathering. A back porch connects to the large living and dining room, creating an easy transition for indoor-outdoor living. A separate den with high ceilings opens to a patio with an outdoor brick fireplace, offering a comfortable space to relax or entertain.
The property spans 1.5 flat, cleared acres, well suited for a small-scale farm or homestead. There is a paddock with electric fencing and a three-stall horse barn with water and electric already in place. Located just minutes from area favorites like Lifebridge Sanctuary, The Brooklyn Cider House at Twin Star Orchards, Inness, Ollie's Pizza, Mohonk Preserve, and Arrowood Farms, and a short drive to Kingston, Rosendale, and Stone Ridge, all less than two hours from New York City. A 3D Walkthrough Tour is available in the digital Lookbook or by request.
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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