502 East Valley Road NE
About This Property
Welcome to your own private retreat! This beautiful property offers the perfect blend of modern comfort and country living. Nestled on 4 acres, this hobby farm is complete with fenced pasture, a horse barn with 4 stalls, tack room, and hay loft. Green House and Orchard, to include peaches, apples, persimmons, raspberries, grapes and more! -ideal for anyone seeking a peaceful lifestyle with room for animals, gardening, and outdoor enjoyment.
Inside, the home boasts beautiful heart pine floors, wood-beamed ceilings, and a warm rustic charm throughout. The spacious kitchen and dining area flow seamlessly into a stunning two-story great room with a stone fireplace. A full basement provides additional living space, including an office and full bath-perfect for guests, work-from-home, or multigenerational living.
Upstairs, you'll find generously sized bedrooms, abundant natural light, and a spacious closet suite. Energy efficiency is a highlight with a solar-powered water heater. Relax on the welcoming porches, enjoy the screened deck with sweeping views, or unwind in the hammock!
Property Highlights:
• 4 beautiful acres with fenced pasture and fruit trees, persimmon, raspberries,
• Horse barn with stalls and tack area
• Stunning heart pine floors & exposed beam ceilings
• Stone fireplace in the vaulted great room
• Spacious kitchen with rustic cabinetry and modern appliances
• Full basement with office & full bath
• Solar-powered water heater
• Covered porches, screened deck & open entertaining deck
This is more than a home-it's a lifestyle! This property offers both privacy and convenience.
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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