6540 PICNIC WOODS ROAD
About This Property
Welcome to a rare opportunity to own a private countryside retreat, perfectly situated on 6.07 acres of serene, picturesque land. This beautifully maintained all-brick, one-level home offers a seamless blend of comfort, functionality, and elevated everyday living.
Thoughtfully designed for both entertaining and ease, the home features 3 bedrooms and 2 full bathrooms, anchored by an open-concept layout. The expansive kitchen serves as a true focal point, showcasing an oversized island and effortless flow into the dining area and spacious living room which is ideal for gathering and hosting.
A separate oversized family room with a cozy woodstove creates an inviting atmosphere for quiet evenings. The large Andersen casement windows throughout the home flood each space with natural light and frame the surrounding landscape.
The partially finished walkout basement extends the living space, offering flexibility for recreation, a home gym, or additional lounge areas with bright, welcoming exposure and direct outdoor access.
Recent improvements include fresh paint throughout, a professionally coated front porch, a roof replacement approximately 3 years ago, and a recently resealed asphalt driveway. The electrical panel is equipped for generator hookup, providing added peace of mind during power outages (generator not included).
The attached 4-car garage offers exceptional space for vehicles, storage, or hobby use. Outside, a fenced yard creates the perfect setting for pets, gardening, or simply enjoying the privacy and open surroundings.
There are opportunities to tailor the space to your preferences as the main bathroom could be reimagined into a private ensuite by enclosing access from the main living area and opening it into the bedroom, enhancing both privacy and long-term value. Additionally, the laundry/bathroom space also offers potential for a more refined, aesthetically upgraded design tailored to modern living.
One-Year Cinch home warranty included.
This property offers a rare balance of privacy, space, and versatility providing not just a home, but a lifestyle centered on comfort and quiet refinement!
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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