10287 Dowling Way
About This Property
There are 5 bedrooms, 8 bathrooms, four-car garage, fenced in yard. Enter into an elegant foyer featuring a stately chandelier, 3 floor spiral staircase w/ floor to ceiling windows capturing mtn views & natural light. Enjoy the generously spacious kitchen where you will find a huge island with extra storage and bar seating. A wolf 48" cooktop range with 4 burners, a large griddle and indoor grill finished with an oversized custom-built hood. Enjoy the double ovens, two sinks with disposals, two dishwashers and two warming drawers. The kitchen hearth room provides a beautiful custom stone two-sided fireplace warming the kitchen and large adjacent great room. This includes built in custom cabinetry, remote controlled Hunter Douglas roller shades and more stunning mountain views. The large indoor/outdoor deck is a beautiful focal point located in the center of the home. This bonus year-round indoor/outdoor living space features fully opening NanaWall doors, infrared heated ceiling fans and a 20 plus foot bar to entertain and enjoy western scenic mountain views and sunsets. The Trex wrap around outside deck features Dry Below system and perfectly covers the outside custom built Bradford heated swim spa featuring a custom fit cover and a depth of 6 ft. The basement boasts of entertaining. Open concept, has a large theater area, a 120" drop-down remote-controlled screen, large bar area w/ microwave, dishwasher, bar sink w/ disposal, bar fridge. The walk-out basement opens up to the lower fully covered patio & sports turf backyard. Location is everything and you'll find it in your new home. This home is ready for your family to fill it with love and memories for every day and those memory making special occasions.
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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