1100 WALTERS MILL ROAD
About This Property
The home offers 2,847 finished square feet, featuring four bedrooms and four baths, plus a versatile bonus room ideal for guests, office, or flex space. The desirable first-floor primary suite combines comfort and convenience, complete with a walk-in closet and an ensuite bathroom featuring a double vanity and tiled walk-in shower. Walk-in closets are also featured in both upstairs bedrooms. An exceptionally spacious upstairs bedroom provides flexibility for a sitting area or private retreat.
The updated kitchen (2018) showcases granite countertops and flows seamlessly into the home's inviting living spaces. A wood-burning fireplace enhances the living room, while premium laminate flooring (2018) extends throughout the lower level.
Outdoor living is a defining feature. The expansive rear deck captures beautiful sunset views, creating an ideal setting for relaxation or entertaining. Additional outdoor amenities include a hot tub, dedicated seating area, large fire pit with surrounding seating, raised garden beds, and accent lighting, enhancing the property's evening ambiance. Frequent wildlife sightings further enrich the natural setting.
Energy-efficient geothermal heating and cooling provide year-round comfort. The home is serviced by a well and septic, both properly maintained and performing as intended. Roof replaced November 2021. New water heater installed 2025.
A large covered front porch offers a shaded outdoor retreat, perfect for enjoying the peaceful surroundings.
The walkout basement with extra tall ceilings is ready for customization, offering exceptional flexibility for storage, recreation, workshop space, or future finishing potential. A wood stove adds warmth and character.
Additional improvements include a large parking area easily accommodating RVs, boats, and multiple vehicles, a custom-built garden shed, a larger storage shed, and a premium chicken coop. No HOA.
The school bus pickup is conveniently located at the end of the driveway, currently.
A rare opportunity to enjoy privacy, space, and refined living in a highly desirable location.
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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