9892 SE 151ST PLACE
About This Property
Welcome to your slice of country paradise just minutes from town! This 2,280 sq ft modern farmhouse sits on 3 peaceful acres and offers versatile living options-perfect for multi-generational living, a private guest suite, or income-producing rental.
Privately situated behind a gated entrance, the home exudes rustic charm and custom craftsmanship, featuring exposed wood beams, shiplap accents, sliding barn doors, and farmhouse finishes throughout.
The home is smartly divided into two distinct living spaces:
The 960 sq ft private suite includes a spacious great room, a chef's kitchen with hickory cabinets and a stainless farmhouse sink, a large primary bedroom, and a spa-like bathroom. A rear door leads to a private, covered back porch, perfect for relaxing.
Through a connecting office/bonus room, or even a utility storage area, you'll enter the 1,320 sq ft main living area, offering another full kitchen, two guest bedrooms, a full bath, and its own covered porch-ideal for entertaining, grilling, or relaxing.
Live on one side and rent out the other for additional income-or use it as a short-term rental, guest house, or in-law suite. The layout allows for privacy and independence while keeping everything under one roof.
There are two sheds which convey with the sale and the property includes a 50-amp panel service, ideal for camper or RV hookup.
The acreage is perfect for your mini-farm dreams, gardening, or even adding a barn and paddock for horses and livestock. There's ample room to expand and personalize the outdoor space.
Located just minutes from The Villages and all its conveniences, this property blends the quiet of country living with the potential for real investment value.
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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 Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017