Offer deadline: 7:00 pm Sunday, 09/20/26. GARAGE GOALS! The
undeniable showstopper of this property is the brand-new 30' x 50' detached insulated garage featuring impressive 20' ceilings, heat,
and electricity. Whether you're looking for extraordinary vehicle
storage, room for equipment, a workshop, hobbies, or simply space
you rarely find in a residential property, this garage delivers-and
if you still need more garage space, there's even an additional
attached 2-car garage and generator hookup! An impressive list of
improvements includes new siding, roof, windows, doors,
hardscaping, granite steps, and a newly paved driveway with parking
for easily 10 vehicles. Set on over 3 acres, this property offers a
combination of space and versatility and provides 3 bedrooms, 2
bathrooms, and the entire home continues to impress with new
hardwood floors, an updated primary en suite bath featuring a
walk-in shower, and a partially finished basement offering
additional usable space. Outside, you can enjoy the composite
farmer's porch and deck, both finished with low-maintenance vinyl
railings. With extensive improvements inside and out, incredible
garage space, abundant parking, and over 3 acres to enjoy, this
property truly stands apart. Come for the garage, stay for
everything else this exceptional property has to offer!
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.
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