8495 Giles Road
About This Property
dream, the property contains rolling hills, mature woods, a lively wetland and a large portion of
an open pond. While the exterior is designed to look like a quaint, country farmhouse, the
inside is bursting with all the amenities of a modern home.The open floor plan and ample windows
draw in light from every direction. Cozy up to the wood-burning fireplace in the living room or
step out to the stunning patio from the dining room's french doors.The kitchen is a cook's
delight with yards of available counter tops, ample cabinet space, and an efficient design that
accommodates multiple projects at once.The primary boasts a 5-piece bath with custom tile throughout, vaulted ceilings and ample closet storage Even the walk-out basement shows attention to detail you won't find anywhere else. The
ceilings are built high for a standard height upon finishing. Windows on 3 walls bring in natural light and pre-plumbing makes a 4th bathroom a possibility. The space is ready to finish with
radient floor pipes in the flooring and rough-in drywall already hung.The house was built for energy efficiency from the basement up. A geothermal heat pump runs both heating and cooling at a fraction of the cost of traditional utilities. Insulated concrete forms provide fantastic insulation, keeping the basement in the mid-sixties year round! Low E windows, 2x6 walls, and extra attic insulation protect the house from the hilltop breezes.
A small barn expands the space with power and lights. It
has room for all the country tools with pegboards, sturdy shelves and a half loft above.
This house has been prepared with fresh paint, new carpet on the main floor and a complete refinish of the oak kitchen floor. It is a truly stunning home and property; make it your own today!
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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