109 JAMES DRIVE SE
About This Property
The main level boasts soaring 10-foot ceilings, while the upper level features 9-foot ceilings, enhancing the home's sense of space and light. Inside, you'll find 6 spacious bedrooms, 6 luxurious full baths, and 2 stylish half baths, along with a 3-car garage, Pella Lifestyle black windows, and a walk out basement that opens to a serene backyard setting.
Designed for both function and flair, the mudroom includes custom built-in cubbies, a bench, and a dedicated dog wash station( optional). Every inch of this home is magnificent - dramatic yet refined, spacious yet inviting.
Upon entering, you're welcomed by a grand modern foyer, sun-filled living spaces, and solid oak hardwood floors throughout. The formal living room and elegant dining area set the stage for memorable gatherings.
At the heart of the home lies the gourmet chef's kitchen, complete with professional-grade Thermador appliances, a large prep kitchen, and a walk-in pantry - perfect for entertaining or daily living. The family room impresses with its gas fireplace, built-in cabinetry, and expansive windows that flood the space with natural light.
Upstairs, the owner's suite is a true retreat, featuring a spa-inspired bathroom with a deep soaking tub, frameless glass shower, and a generous walk-in closet. The upper level also includes three additional large bedrooms, each with an ensuite bath, designed for comfort and privacy.
The finished WALKOUT lower level is built for relaxation and recreation - complete with a modern wet bar, media room, exercise area, and a spacious guest suite with private bath.
The backyard offers ample space for a future pool and outdoor entertaining, complemented by a rear covered porch and open composite deck - ideal for gatherings or quiet evenings at home.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017