1009 Pearidge Road
About This Property
This home is for you!
Situated on five private acres, this exceptional custom-built home offers over 3,000 square feet of heated living space designed for comfort, functionality, and entertaining. The home features three bedrooms and three-and-a-half bathrooms, including an updated primary suite with a spa-like ensuite complete with a soaking tub, tiled shower, and expansive walk-in closets with custom built-ins. At the heart of the home is the chef's kitchen, thoughtfully updated with granite countertops and stainless steel appliances-perfect for everyday living or hosting family and friends. The upper level offers two additional bedrooms, two full bathrooms, and a spacious family room, providing excellent separation of space for guests or family members. The unfinished basement has been used mainly for exercise equipment and storage, but is a blank canvas just waiting for your vision. Outdoor entertaining is a standout feature, with an in-ground pool and integrated hot tub with a brick patio surrounded by 5 peaceful, private acres. Just steps from the home is a detached three-car garage offering 1,238 square feet of usable space, complete with a bathroom, plus an additional 659 square feet of upstairs storage, and a covered back porch. The custom garage is ideal for vehicles, hobbies, a workshop, or future finished living space.
This property seamlessly blends privacy, luxury, and versatility, making it a rare opportunity to own a truly special home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017