7480 E HIGHWAY 25
About This Property
From the moment you arrive, you'll appreciate the incredible backyard oasis featuring a thriving garden, amazing outdoor shower, well-built chicken coop, a shed, and a detached garage ideal for storage, workshops, hobbies, or additional workspace.
Inside, updated energy-efficient windows throughout fill the home with natural light while helping reduce utility costs and improve year-round comfort. The home has been thoughtfully upgraded with electrical and plumbing improvements throughout, two wells including a newer 20 GPM water well that is fully wired, permitted, inspected, and recorded by Marion County, and a newer septic system featuring a 900-gallon concrete tank, drain field, 4-inch PVC lines, and three exterior cleanout traps. HVAC 2.5 years old.
The architectural shingle roof is approximately 12 years old and includes a transferable warranty for added peace of mind. Additional features include full-house rain gutters and beautifully maintained outdoor spaces designed for relaxation and entertaining.
With its large lot, extensive updates, and unique amenities, this move-in-ready property creates a rare opportunity to enjoy a peaceful, sustainable lifestyle while remaining just minutes from shopping, dining, medical facilities, and everyday conveniences. Schedule your private showing today and experience everything this exceptional Belleview property has to share.
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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