8745 NW HIGHWAY 225
About This Property
The charming farmhouse features a large covered front porch that offers lovely views and seating to enjoy the views of the farm. This 3-bedroom, 2-bath home provides 2,209 +/- square feet of living space. The cathedral beam ceilings and thoughtfully designed split floor plan enhance the home's appeal. The kitchen, open to the family room, is perfect for entertaining family and friends. With new appliances, quartz countertops, and ample cabinet space, the kitchen combines both style and functionality. Every window in the home offers stunning views of the farm, bringing the beauty of the land into the interior. The home is filled with natural light and features premium LVP flooring throughout.
The property includes level paddocks ideal for jump setups, making it suitable for various disciplines and skill levels. There are four barns with a total of 19 stalls, air-conditioned tack and feed rooms, wash racks, a laboratory with an office area, and a breeding shed.
Additional highlights include an RV hookup and a whole-house generator. With the World Equestrian Center just a few minutes away, this property is an exceptional choice for equestrians seeking tranquility and a thriving community.
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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