657 Collins Mill Rd
About This Property
The 2,282 sqft residence stands as the centerpiece of this estate, boasting 3 bedrooms and 2.5 baths. Inside, an open concept living area welcomes you, featuring a wood stove for cozy evenings and central heating and air for year-round comfort. The kitchen is a culinary dream with oak cabinets, granite countertops, a gas stove, and a beautiful tile backsplash. The master bedroom impresses with a walk-in tile shower, offering a touch of opulence.
Step outside to discover the outdoor paradise that surrounds the home. A saltwater swimming pool invites you to relax, complemented by an outdoor pergola for shaded lounging. Over 1,200 sqft of outdoor porches provide breathtaking views of the hardwood valley below, creating a perfect spot for enjoying sunsets or entertaining guests. An outdoor hot tub adds an extra layer of luxury to this outdoor oasis.
For those with a penchant for outdoor activities, the estate offers 1.5 acres currently fenced for livestock, complete with multiple shelters for storage. The property features mature timber, including hardwoods and sections of pines. Formerly a commercial nursery, certain areas showcase river birches and holly trees, adding to the property's unique charm.
An extensive trail system winds through the landscape, ensuring easy access to various parts of the property. With over 6,000 feet of creek frontage along Sandy Creek, nature enthusiasts will find ample opportunities for exploration and relaxation. A 1.5-acre duck pond, with sections over 10 feet deep, adds an element of serenity to this already enchanting property.
For added convenience, a Generac whole-house generator ensures a continuous power supply. The property also features pre-installed fencing posts, facilitating the expansion of fenced-in areas. Additionally, a power line extends deep into the southern side, offering possibilities for future structures or wells.
This rare estate at 657 Collins Mill Rd presents an extraordinary opportunity to own a piece of paradise where luxury, nature, and serenity converge. Experience the epitome of country living in this meticulously crafted haven.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by Mossy Oak Properties Land and | $899,900 | |
| Listed by Mossy Oak Properties Land and | |||
| Feb 7, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Relisted | $949,000 | |
| Relisted | |||
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017