Rare offering, exquisite custom-built home combines craftsmanship,
luxury and extraordinary indoor/outdoor space. Sited on a
remarkable lot with mountain views & sunsets, the setting is
nothing short of spectacular! Gorgeous inground heated pool
w/sundeck, waterfalls, outdoor gas fireplaces, expansive travertine
tile patio surrounded by colorful perennials, ornamental grasses &
flowering shrubs, all easily maintained by micro-irrigation system.
Inside, sun-filled living spaces showcase elegant design selections
& beautifully conceived floorplan. Delightful kitchen opens to LR
w/fireplace, dining & sunroom to exterior. All rooms are nicely
proportioned, primary suite has spectacular views, lovely en-suite
bath, soaking tub, walk-in closet. Lower level features a home
theater, guest bedroom, full bath & fitness room equipped w/Apple
TVs. Two exceptional garages, one attached, one detached
offer future possibilities for workshop, studio, pool house.
Plus, Central AC, 2nd floor laundry room, hardwood and tile
floors throughout, custom window treatments. Impressive home,
thoughtfully improved, impeccably maintained with quality
throughout! Additional photos and video available! Ask
agent for link.
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.
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