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6228 GARDEN ROAD
About This Property
Tucked away among mature trees with more than 100 yards of Cardinal Run Stream bordering the southern property line, this exceptional homesite offers a level of seclusion rarely found in West Springfield. The peaceful wooded setting creates the feeling of a private retreat while remaining just minutes from shopping, dining, commuter routes, and everyday conveniences.
Built in 1997 with the enduring quality of four-sided brick construction, a feature rarely found in today's new homes, this spacious three-level residence offers 6 bedrooms, 3.5 bathrooms, and a 2-car garage, providing an exceptional foundation for its next chapter. Lovingly maintained by its original owner, the home presents a wonderful opportunity for its next owners to personalize the interior and create a space that reflects their own style and vision.
New carpet and a new water heater provide immediate value, while the generous floor plan offers endless possibilities for thoughtful updates over time. Whether your dream is a modern luxury renovation, a timeless traditional design, or something uniquely your own, this home is the perfect blank canvas.
Adding to its appeal, there is no HOA, giving you the freedom to enjoy your property without many of the restrictions often found in newer communities.
Perhaps the most compelling feature of all is the value. Priced below the current tax assessment of $1,185,010, this is an exceptional opportunity for buyers who recognize the long-term value of an incredible homesite, unmatched privacy, and the chance to transform a well-built, lovingly maintained home into their own custom masterpiece.
Properties offering 1.84 acres of privacy, more than 100 yards of stream frontage along Cardinal Run Stream, no HOA, and a location within the West Springfield High School pyramid rarely become available, especially from the original owner after nearly three decades. Whether you choose to move in and update over time or create your forever home from day one, opportunities like this are few and far between.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017