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8378 GROVE ROAD
About This Property
If you've been dreaming of country living, this 2.5-acre property may be just what you're looking for. The land is fully fenced and cross-fenced, making it great for horses, animals, or simply enjoying your own space.
The property features a cozy 2-bedroom, 2-bath single-wide mobile home. While there are a few projects left to finish, the home is comfortable and ready to live in. The owner was a lifelong craftsman who added custom touches throughout the property, giving it character and charm you won't find anywhere else. The original roof has been regularly recoated every few years as part of ongoing maintenance.
Outside, you'll find a detached 2-car garage with durable Hardie board siding, a one-stall horse barn with room to add another stall, a shed/workshop, and a fun two-story playhouse featuring SmartSide siding. There is also a large deck built for an above-ground pool, creating the perfect spot for relaxing, entertaining, or adding a new pool in the future. With plenty of room for hobbies, animals, equipment, and outdoor fun, this property offers something for everyone.
Whether you want to move in and enjoy the peaceful setting, update the existing home, or build your dream home in the future, this property gives you the freedom to make it your own. With well and septic already in place, the possibilities are endless.
Come walk the property, enjoy the fresh air, and imagine the life you could create here.
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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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About Brookridge
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Currently no similar homes aroundNearby Rentals
$1,950 /mo
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$1,500 /mo
- 2 Beds
- 2 Baths
- 927 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017