10 Kingfisher Drive
About This Property
Upon entering, you'll be greeted by a striking two-story entryway, leading you to a sprawling main floor adorned with radiant heated porcelain tiles. The expansive kitchen is a chef's dream, boasting high-end Thermador appliances, double oven, gas cooking, Cambria Quartz counters, and Medallion gold series cherry cabinets and a large center island. Adjacent to the kitchen is a den with vaulted ceilings and an electric fireplace encased in marble, custom moldings perfect for those cozy nights in.
leading the the second floor is a Brazilian cherry custom staircase. Once upstairs, the second floor showcases Brazilian Cherry floors and a spacious primary bedroom equipped with an en suite featuring a Bain Ultra jacuzzi tub, Vale wall hung toilet, and Brizio fixtures. Two walk-in closets provide ample storage, with secret doors revealing additional storage space. For your convenience, a second-floor laundry room with a washing machine and gas dryer is provided.
Outside, on over 1/2 an acre, the backyard transforms into a personal resort, featuring a propane heated saltwater custom 24 x 44 rolling lake inground pool with concrete walls and floor with vinyl liner, waterfalls, and a one of a kind outdoor kitchen. The surrounding patios are Travertine and bluestone and the landscaping create a tranquil oasis, perfect for entertaining or relaxation. There are so many special parts of this incredible backyard.
The home also offers a three-car garage, with one bay designed to accommodate a future lift for additional vehicle storage. A built-in vacuum system makes car maintenance a breeze. The garage flooring is finished with garage tiles.
In the basement, a theater room with surround sound and an electric fireplace provides an ideal space for movie nights. The is also a very large unfinished area of the basement.
Located just a half block from Blydenburgh Park, the property is also conveniently close to LIRR, restaurants, and highways.
This home is more than a residence - it's a lifestyle. A unique blend of luxury, convenience, and comfort, This is truly a one-of-a-kind property that is better than new.
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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 Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017