106 Mcelroy Mountain Drive
About This Property
As you step into this light and airy home, you'll immediately appreciate the thoughtful, clean design that welcomes you in. A stunning two-story fireplace in the great room serves as a cozy centerpiece, perfect for relaxing with a book or enjoying your favorite beverage. The adjacent book nook adds charm, while the sleek, fully stocked kitchen ensures you're ready to cook with the finest dishes and cookware. An EZ-Breeze porch opens to a new deck with expansive mountain views that can be enhanced with additional vista-pruning, creating an ideal space for morning coffee by the fire. Off the family room, a cozy sunroom (not included in the square footage) invites you for a peaceful afternoon nap.
The main floor also features a guest room and a newly renovated bath. Upstairs, the office loft with a catwalk overlooking the family room adds a touch of elegance. The spacious primary suite includes a wall of built-in cabinets and a private deck to enjoy the sunrise. The ensuite bath offers a cedar walk-in closet, a frameless shower, and a soaking tub for ultimate relaxation.
On the terrace level, a media room with a built-in Murphy bed provides additional sleeping accommodations, complemented by a guest room, full bath, and a wet bar with a new refrigerator. The spacious laundry room offers extra storage, and the garage is equipped with a NEMA 14-50 outlet for electric car charging.
This move-in-ready home is truly exceptional, featuring quality furniture, linens, and kitchenware, so you can settle in immediately. Don't miss out on this serene retreat-schedule your viewing today!
If your agent is not able to show this home to you, no worries. I am happy to show my listings without a penalty to your agent. Buyer to verify all information and dimensions deemed important. A mandatory $4,000 Capital Contribution fee paid by the purchaser to the Big Canoe Property Owners' Association is due at closing.
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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