5622 GREENOCK RD
About This Property
5622 Greenock Road boasts a beautifully maintained manor home set on a professionally landscaped 1-acre lot with breathtaking views of the rolling fields. Featuring a main-level bedroom, a gourmet kitchen, a serene screened porch, and a stone patio with a cozy fire pit-perfect for outdoor gatherings. Inside, the home offers abundant storage, a spacious upper-level laundry room, a convenient mudroom, and a large walk-out finished lower level ideal for entertaining or a potential in-law suite. The property also includes a 2-car garage with a bonus room above, an irrigation system, and a security system for peace of mind.
5628 Greenock Road spans 137 acres and includes a charming 1920's farmhouse (4 bedrooms & 2 full bathrooms), tenant house, and additional barns. The farmhouse is currently occupied by a tenant who will vacate upon settlement, offering income potential or flexibility for future use.
Don't miss this rare chance to own an estate with endless possibilities!
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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