OPEN HOUSE SAT 9/19 12-2. Homes like this are rare! A Homesteaders
dream! Live beautifully while creating a sustainable
lifestyle for your family! This 2,798 SF home, on 1.1 acres, built
in 2004, beautifully blends comfort, sustainability, and outdoor
living! The open-concept design offers 4 beds, 2.5 baths, two
family rooms with soaring ceilings, a home office, plaster walls
and ceilings, cherry floors and a cherry kitchen with S/S
appliances. The primary suite features a walk-in closet and
ensuite. French doors open to a composite deck overlooking the back
yard and pool. The thoughtfully designed vegetable gardens,
grapevines, fruit trees, and flower gardens feature an 8-zone
irrigation system. Enjoy a large inground pool with outdoor
lighting and speakers, chicken coops and sheds with electricity and
water. A hot tub pad with electric hookup is ready to go. Ground
and roof-mounted solar systems with a paid PPA enhance efficiency.
Recent updates include a new roof, an EV charging outlet, new
septic, gas water heater, insulation and refinished cherry floors.
Walk-up attic, central air, underground utilities, and a prime
location near Rt 2, Ellinwood CC, schools, and Market Basket
complete this remarkable property.
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.
Interior Features: High Speed Internet, Home Office, Walk-up Attic, Finish - Earthen Plaster, Internet Available - Broadband
Appliances: Water Heater, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Plumbed For Ice Maker
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017