103 Pleasant Ridge Road
About This Property
The upstairs landing is anchored by a luxurious primary bedroom suite with dual walk-in closets, two full baths and a spacious dressing lounge. Four additional bedrooms and three more bathrooms provide ample space for everyone to unwind. An additional rear staircase connects to a fifth bedroom and en-suite marble bath. The vast lower level features a billiard room with working fireplace and hosts a generous laundry room. An expansive recreation area offers incredible flex space for limitless possibilities - gym, wine cellar, media room, game/play room, plus plenty of closets for storage. Enjoy the professionally landscaped grounds featuring specimen plantings, multiple bluestone terraces, wraparound mahogany deck, black bottom saltwater pool with stone waterfall and hot tub, bocce court, vegetable garden, and a fire pit- this home offers everything to create a lifestyle that is an entertainer's dream. Also available for rent: MLS #944233 @ $23,000.
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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 Harrison
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017