11 Mahogany Drive
About This Property
This house is a testament to exquisite design and superior craftsmanship, featuring high-quality appliances, hardware, and cabinetry throughout.
As you enter, the grand cathedral ceilings create a sense of openness and grandeur. The spacious kitchen is equipped with top-of-the-line upgrades, including a downdraft range hood, premium stainless steel appliances, and custom cabinetry with intricate detailing. The kitchen seamlessly connects to the family room, making it ideal for both casual family living and entertaining. A formal dining room provides the perfect space for hosting guests in style. On the main floor, a convenient bedroom suite with a full bathroom offers privacy and comfort.
Upstairs, you'll find a versatile office/den/loft area that opens to a terrace and can be easily converted into an additional bedroom if needed. The Jack and Jill bedrooms are joined by a beautifully appointed bathroom, featuring high-end fixtures and finishes. The true highlight of the second floor is the luxurious master suite. The master bedroom boasts a separate retreat with a romantic fireplace and an adjacent workout room, perfect for transforming into a private getaway or man cave. The master bathroom is a spa-like haven, complete with a soaking tub, a large walk-in shower, and elegant dual vanities.
The backyard is an entertainer's dream, designed with meticulous attention to detail. It features a private pool and spa, a built-in BBQ with a bar, and a newly remodeled pool area. The lush landscaping and outdoor living spaces create a serene and inviting atmosphere.
Situated in a prime location with access to excellent schools, it's perfect for families seeking both luxury and educational excellence. Come and experience it for yourself-your search ends here!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by The Oppenheim Group | $3,490,000 | |
| Listed by The Oppenheim Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017