Located near Schulenburg and rooted in the history of Ammannsville,
this custom 4-bedroom, 4-bath home sits on approximately 8 +/-
acres with a scenic 1.2-acre pond. Built in 2017-18 with
crystallized limestone, it features a central wood-burning
fireplace with a custom cedar mantle, reclaimed materials from the
original Lednicky homestead, and historic glass panels from
Baumgarten Matula Company. Interior highlights include knotty alder
cabinetry, granite countertops, concrete and bamboo flooring,
oversized soaking tubs, and a custom metal catwalk. The property
also offers open pasture, wooded privacy, a fruit orchard, private
well, septic, zoned HVAC, fiber internet, covered and screened
porches, a fire pit lounge, and spa. Acreage is subject to survey.
The remaining acreage, cattle pens, and troughs are available with
the full 18-acre offering. See MLS attachments for full property
details.
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.
Appliances: Dishwasher, Gas Range, Stainless Steel Appliance(s), Water Heater, Tankless Water Heater, Water Softener, RNGHD
Flooring Type: Bamboo, Concrete
Has Fireplace
Fireplace Features: Living Room, Raised Hearth, Stone, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2541
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2017
Waterfront Features: Pond
Levels: Two
Other Structures: Shed(s), Storage
Window Features: Double Pane Windows
Construction Materials: Stone
Patio and Porch Features: Covered, Enclosed, Front Porch, Glass Enclosed, Patio, Porch, Rear Porch, Screened, Side Porch
Lot Features: Agricultural, Farm, Native Plants, Wooded, Public Maintained Road, Trees-Small (Under 20 Ft)
Lot Size Area: 348480
Lot Size Units: Square Feet
Lot Size Acres: 8
Lot Size Square Feet: 348480
Water Source: Well
Financial Details
Tax Map Number: 1
Tax Assessed Value: $389,000
Tax Annual Amount: $4,000
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned
Heating Type: Central, Electric, Zoned
Sewer : Septic Tank
TBD Berger RD
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