10545 PUDDING LANE
About This Property
A foyer welcomes you inside, highlighted by a tray ceiling and a sense of openness that sets the tone for the home. To the left, doors open into a private study or home office, while to the right, a formal dining room impresses with a statement chandelier. Straight ahead, the home unfolds into a breathtaking open-concept great room. The two-story family room is anchored by a gas fireplace with a dramatic floor-to-ceiling accent wall, complemented by expansive upper and lower windows that flood the space with natural light. A striking modern light fixture enhances the volume of the space, while direct access to the exterior adds to the effortless indoor-outdoor flow. The adjoining gourmet kitchen is both functional and visually stunning, centered around an oversized island with breakfast bar seating, pendant lighting, and richly contrasted cabinetry beautifully offset by the surrounding crisp white shaker-style cabinetry with sleek bar pulls. Additional highlights include upgraded countertops, a herringbone tile backsplash, and stainless steel appliances, including a built-in commercial-grade range and beverage refrigerator. A walk-in pantry and a sunlit breakfast room complete the space, while a nearby powder room and a well-designed mudroom with garage access add everyday convenience. Tucked privately on the left wing of the main level, a well-appointed multi-generational in-law suite offers exceptional flexibility, complete with its own sitting room, full bathroom, and walk-in closet-perfect for extended stays or private living quarters.
Upstairs, a lofted hallway overlooks the family room below, adding to the home's open feel. This level includes four generously sized, carpeted bedrooms and a convenient laundry room. The expansive primary suite is a true retreat, featuring a tray ceiling, two large walk-in closets, and a spa-inspired ensuite bath. The luxurious bathroom is designed for relaxation, offering an oversized shower with multiple showerheads and three built-in benches, a Roman soaking tub, dual vanities, and a private water closet. Each secondary bedroom is thoughtfully designed with its own en-suite bathroom and walk-in closet, ensuring comfort and privacy throughout.
The walk-up, fully finished lower level provides additional living and entertaining space, including a spacious recreation room, a versatile bonus room, and a dedicated storage area. Outdoors, a covered back patio overlooks a large, flat backyard that backs to trees, offering a peaceful and private setting ideal for both relaxation and entertaining.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017