10099 MASSER RD
About This Property
Inside this home, you can find 5 bedrooms, 5.5 bathrooms and pure luxury throughout. Upon entering the front door you will be greeted by expansive ceilings that are carried throughout the home. This is an open concept yet with defined spaces. A more formal living room features a gas fireplace. The open kitchen features light neutral cabinetry, dual pantries, granite countertops and an island w/ pendant lighting, wet bar and designated eat-in area. Just off of the kitchen is an additional gathering space with gas fireplace, access to the back patio and more windows with picturesque views. Off the living room is an all season room with sunken hot tub, another gas fireplace and neutral tiled floors.
There is a loft space above the living room with en-suite style bathroom and large closet perfect for guests, in-laws, or a secluded office space. The main level primary suite features matching dual walk-in closets, a soaker tub, standing shower, dual vanities & a secondary attached room with (window & closet) ideal for a nursery or library/office. Two spacious bedrooms each with their own full bathroom are located down the hall along with the laundry/mudroom and additional storage closet. Here is where you can directly access the expansive 3 car attached garage. Lower level is partially finished with a living space as well as a bedroom and full bathroom all with fresh paint and carpet. Extended unfinished area is great for storage or can easily be converted into additional finished space. The outdoor space of this home must not be overlooked. The stunning elevated back patio features expansive stone work, remote control sun shades lengthwise of the entire patio, as well as a built in BBQ Grill. This is the ultimate home to entertain guests with this incredible outdoor living space.
Exterior features of this property will not disappoint! If you are an agricultural enthusiast, you can find a fountain pond once used as an Equestrian Eventing bank water feature. Just steps away, the Shedrow style barn is charming with french doors directly accessing private turnout. Inside the barn you can find 4 stalls all equipped with automatic waters, a feedroom/tack-room combo and a completed wash-stall that could be converted back into an additional stall or supply you with access to a future extension to the barn. Enjoy roughly 5 acres of fenced turnout as well as dry lot options directly accessed from the barn. There is an additional Morton cement floored building with electric and water that has a recent extension for additional equipment/hay storage. This structure could have many uses such as car collection and shop, equipment storage, additional staples and many more possibilities. There are pastures that can directly access this building making it perfect for creating a run-in style shelter for additional livestock. The 100x200 outdoor arena has a bluestone base topped with extensive clay & sand mixture for ultimate drainage supplying a smooth ride year round.
FOR THOSE INTERESTED IN A MULTI-GENERATIONAL OR MULTI-DWELLING OPPORTUNITY THIS PROPERTY HAS DIRECT ACCESS BY ASPHALT PATHWAY TO MLS WHICH IS ALSO ON THE MARKET LISTED WITH SAME AGENT.
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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