11 Split Rock Road
About This Property
Step outside and embrace the ultimate lake life: direct access to the association's private sandy beach on Lake Mahopac. This fenced and gated oasis sits in a sheltered cove with a sectioned-off swim area, lifeguard on duty, security cameras, jet ski and boat slips, barbecue grills, picnic tables, and plenty of space for summer beach parties and neighborhood gatherings.
The home welcomes you in with designer renovations and a contemporary feel. Hardwood floors, an open kitchen and living space adjacent to a wall of windows in the sunroom. A complete renovation of the primary suite, including a brand new 5-piece bathroom from framing to completion with premium fixtures, a floating vanity, and a walk-in California Closet. The lower level is finished with a comfortable living space or office and also has unfinished space for storage or workshop.
ALL NEW: Central air conditioning system and an upgraded electrical panel, comprehensive water filtration system including Reverse Osmosis, hot water heater and well pump, refinished wood-burning fireplace chimney with a new damper, liner, and doors, complete renovation of the secondary hall bathroom, new designer carpets in all bedrooms and upgraded lighting fixtures throughout the home inside and out, newly paved shared driveway.
Whether you're looking for year-round living or a peaceful weekend retreat, this move-in-ready home delivers peace of mind, luxury finishes, and an enviable lakeside lifestyle in one of Mahopac's most desirable private communities. FOR THE LAKE BEACH AND PARKING- go to the bottom of Split Rock, make a right- and just a little on the right is a large parking area with a sign. The beach and swimming is right across from that.
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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.
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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