7495 WALSTON SWITCH RD
About This Property
Upon arrival you will notice a large inviting county front porch with stone floor which is just one of the many amenities this home has to offer. Upon entering the home, you will step into a large open living area with a beautiful gas fireplace surrounded by a stone wall with a mantle. Adjacent to the living room is the dining room with large windows that provide plenty of natural light. Behind the dining room is a nicely appointed kitchen with all major appliances and a large center island ideal for easy food preparation. The home features a first floor ensuite with large closet and 2 other large bedrooms and another full bath. The home has new LVP flooring in the main living areas and carpet in the bedroom. The home has metal roofing (7 years old), new gas furnace (5 years old), and a new A/C unit (4 years old).
When you exit the kitchen through the rear sliding doors you will encounter perhaps the most striking feature of the property; a large open deck and a 13'x34' screened porch/gazebo with ceiling fans. Perfect for entertaining or to just sit and enjoy the backyard view. The deck, gazebo, and access ramp have composit flooring for long lasting maintenance-free durability. The deck also has a privacy wall and a reinforced area that will support the placement of a hot tub.
Once you leave the home and gazebo area, the beautifully landscaped backyard features several plantings, trees, and a large pond with island. Lighting accents the pond beautifully at night and the water features provide that soothing running water sound. There are multiple storage buildings on the property. The primary building is a 24'x50' pole building with large access doors and a separate residential door entry. The building features a small office area with A/C and a small shop area. The pole building's metal roof is 4 years old. A 10'x14' shed is also available for mowers and gardening accessories.
But wait there is more! Behind the pole building is a large, covered awning with a camper that has a 30-amp service and septic hookups. Perfect for your guests or could be used for rental income. The camper faces the delightfully beautiful and peaceful pond. On the left side of the pole building there is an additional 50-amp electrical service to serve an additional RV. Perfect for your own RV or if you would like to host Boondockers looking for that easy beach access. The property also has 2 deep wells.
The septic has been inspected and is in good working order.
This well maintained, move in ready home features so many amenities and many possibilities exist. In addition, with a few exceptions the furniture is included. This is a one of a kind must see home and will not last long. Arrange your showing today!
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Relisted | $397,900 | |
| Relisted | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2024 | Listed by ERA Martin Associates | $397,900 | |
| Listed by ERA Martin Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017