54659 Penn Road
About This Property
COMPLETELY REFURBISHED FARMHOUSE with 3 bedrooms plus a loft that can sleep up to 12. AND THE STAR OF THE SHOW-AN INCREDIBLE BARNDOMINIUM THAT HAS TO BE SEEN. Main floor is comprised of 3 main areas- KITCHEN/DINING area with adjoining full bath, Wolf 6 burner stove and stainless steel appliances, LIVING ROOM with huge flagstone fireplace, 16' Cathedral ceiling, LED tubular hanging chandelier, and panoramic windows overlooking the patio and gorgeous pond views, GAME ROOM with 6 seat bar, 2 fridges, wine cooler, ice machine,16' beamed ceiling, Lower level has epoxy floors, laundry, 12 x 16 vault and 2 overhead doors. THIS VERSATILE PROPERTY OFFER ENDLESS OPPORTUNITIES FROM AIR B&B, HUNTING LODGE, FAMILY COMPOUND OR A MAGICAL GET AWAY. 45 MINS TO NOTRE DAME AND 2 1/2 HOURS FROM CHICAGO.
ABSOLUTELY SENSATIONAL
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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