5 Tally Mountain Road N
About This Property
Step inside to find exposed beams and a masonry fireplace that sets center stage! Everything you need is on the main level. The spacious Primary Bedroom features oversized closets, and a luxurious ensuite bath. With 2 secondary bedrooms and a bathroom just down the hall. The open-concept kitchen, living and dining area is perfect for entertaining. Down into the basement you will find a full mother-in-law suite, complete with its own kitchen and separate entrance-ideal for guests or extended family. For car enthusiasts or those in need of ample storage, the property boasts an impressive array of garage space: a main-level two-car garage, a drive-under garage with room for three cars, a detached 5-bay garage, and an additional 2-bay garage with space for six more vehicles. There's even an outdoor storage shed for all your tools and equipment. Surrounded by mature trees and lush landscaping, this property offers tranquility and seclusion. And if you're looking for even more space, there's an option to purchase two adjoining 5-acre lots, bringing the total to a sprawling 18 acres.
Don't miss the opportunity to own this exceptional mountain retreat-schedule your showing today!
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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