5400 W Groat Road
About This Property
Custom-built and thoughtfully designed for flexibility, accessibility and multigenerational living, this approximately 3,600 sq ft (per BP) home sits on 10 acres of pasture with a pond, perimeter fencing and cross-fencing. The unique floorplan offers a 3-bedroom, 2.5-bath main living area on the west side and a private 1-bedroom, 1-bath full apartment on the east side, all under one roof with both adjoining and separate entrances. Ideal for a mother-in-law suite, college student, extended family, caregiver or private guest quarters while keeping everyone conveniently close.
The open floorplan features 10' ceilings, a vaulted great room ceiling, huge walk-in pantry and designer-style bathrooms. Built with 2x6 exterior walls and foam insulation for improved energy efficiency and lower utility costs. Pella windows and doors, gutters, a tankless water heater and recirculating attic fan add to the home's comfort and efficiency.
Designed with handicap accessibility in mind, the home also features a low-maintenance exterior and practical amenities throughout. Outside, enjoy 10 acres of usable pasture, a pond, perimeter fencing, cross-fencing, 50-amp RV hookup and storage building. A rare opportunity for country living with acreage, a pond, custom construction and flexible private living quarters all under one 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Listed by C21/Wright Real Estate | $595,000 | |
| Listed by C21/Wright Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017