567 Cheyenne Pl
About This Property
Experience country living on 6.11 sprawling acres and minutes from Parkers downtown Mainstreet. You'll have plenty of space to live life the way you want!
Considering a rental property or business venture? The property encompasses a separate 1000 SF open concept ADU with a private entrance, ideal for extended family and guests. The space includes a living room, newly remodeled kitchen with quartz counters, bedroom, bath and separate laundry. Custom paint, new doors and wide plank LVP flooring throughout.
For those with equestrian and hobby farm interests, this property includes an impressive 3600 SF, 2-story shop/barn with power. Also ideal for recreational or a special event venue.
Car enthusiasts will appreciate the meticulously maintained 6-car attached tandem garage as well as a 2-car detached garage and 4 bay lean-to with power.
The main residence boasts a cozy family room, remodeled kitchen, new SS appliances, glass tile backsplash, quartz countertops, dining area, coffee bar and a sliding glass door to extended outdoor living space. The primary bedroom retreat features a walk-in closet, updated ensuite showcasing a jetted soaking tub, oversized shower with custom tile, quartz countertops, recessed double sinks and new lighting. Enjoy the additional bedroom, a full bath plus bedroom (or office) on the main floor.
The lower level offers an entertainment area, 2 beds, a full bath with quartz countertop, tiled shower, laundry room and ample storage. You'll enjoy new LVP flooring, custom paint inside/out, new windows, doors, trim and ceiling fans. Custom wood beamed ceilings add to the overall rustic elegance.
Welcome home!
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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