7218 KELLYS STORE RD
About This Property
As you approach the main house, you'll be captivated by the charm of the wrap-around porch, the perfect spot to savor your morning coffee or unwind after a long day. Step inside to discover a spacious main floor boasting two bedrooms and a full bathroom.
The heart of the home lies in the inviting great room. With its vaulted ceilings, plenty of natural light and great views of the property, this expansive room is perfect for entertaining guests or simply enjoying a quiet night in.
The spacious eat-in kitchen features a Bluestar professional stove/range complete with two ovens, 6 burners and a griddle. The amazing, connected walk-through pantry provides plenty of cabinetry for all of your cooking and organizational needs. Continue your entertaining in the formal dining room!
The main floor also features a convenient office with a built-in desk and cabinetry. Another convenient feature is the first-level laundry.
Upstairs, you'll find a private suite with a spacious bedroom, large closet and full bathroom with clawfoot soaking tub.
Venture downstairs to discover a versatile lower level featuring a fourth bedroom, full bathroom, a recreation or hobby area, and an additional room ideal for accommodating guests or participating in your favorite pastimes.
Another gem on this property is the separate 3-car garage, meticulously designed with custom built-in cabinetry and workbenches, offering the perfect space for your vehicles and projects. Work in comfort with the luxury of central AC and heating, ensuring optimal temperatures year-round. Plus, with a dedicated ventilation system designed to manage wood dust, you can focus on your craftsmanship with peace of mind.
Above the garage, the possibilities are endless for the recently updated two-bedroom, one-bath au pair or guest suite with central AC and heating, which boasts beautiful views of the property!
Step outside and experience a true outdoor oasis, with two firepit areas, multiple pavilions, and several outbuildings/sheds providing plenty of space for storing tractors and tools. The enclosed dog kennel can accommodate your furry friends.
Need extra space for storage? There is a large storage area easily accessible from outside or the lower level.
The home is wired with a backup generator--offering peace of mind during unexpected power outages.
The real highlight of this property is the pool area, complete with a solar-heated above ground pool with a custom Trex wrap-around deck, retractable electric awning and a hot tub surrounded by a covered deck--all creating the perfect setting for endless hours of relaxation and entertainment!
For the adventurous spirit, a custom-built treehouse awaits, complete with a suspension bridge and composting toilet in a separate outhouse building, offering a unique retreat amidst the tranquil surroundings.
And for nature enthusiasts, wooded walking trails meander throughout the property, inviting you to explore.
With the added bonus of a wood-burning furnace providing cost-saving heating options, along with other heating methods available, this home offers both luxury and efficiency in equal measure. Don't miss your chance to make this exquisite country retreat your own!
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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