11100 BELLAVISTA DR
About This Property
The welcoming, grand, two-story main foyer features custom tile flooring and oversized windows that flood the space with natural light. The great room, a highlight of the home, boasts floor-to-ceiling windows that offer breathtaking views of the surrounding landscape. The room showcases rich hardwood flooring, vaulted ceilings with exquisite custom trim work, and a handsome stone gas fireplace, creating a visually striking and inviting atmosphere. The gourmet kitchen is seamlessly connected to the great room, featuring top-of-the-line stainless steel appliances and exquisite design elements. It includes an oversized Sub-Zero refrigerator and separate freezer, additional freezer drawers, and a six-burner Wolf gas-range stove for optimal cooking capabilities. The expansive paneled island serves as a gathering space, and the breakfast nook's bay windows provide a scenic view of the backyard. For convenient entertaining, there is a separate prep kitchen with a large Sub-Zero refrigerator, a prep sink and additional cabinetry. A side entrance to the house includes a large mudroom area, powder room, coat closets, and two car garage access.
One of the most beautiful places in the house is the custom designed sunroom, offering unobstructed views of the backyard through its expansive windows. It provides access to a custom rear terrace, seamlessly integrating indoor and outdoor living. The grand, banquet sized dining room is also complete with a gas fireplace. An enclosed office, characterized by burl-wood paneled walls, dental crown trim, and chair-rail molding combines both privacy and functionality. Privately located down a hallway off of the main foyer, the primary suite includes a separate siting room with a gas fireplace and a wet bar. The light filled bedroom features soaring ceilings and is perfectly proportioned. Three walk-in closets, a private balcony, and a luxurious fully updated primary bathroom adorned in marble complete the primary retreat.
The second floor offers five uniquely designed bedrooms with angled ceilings, built-in hardwood desks and cabinetry, walk-in closets, and ensuite bathrooms. The third floor has a large, finished room with skylight windows, a walk-in closet, a sink/counter space, and an extended built-in desk. It's ideal flex space for a third floor playroom, office space, or additional storage.
The lower level of the home is an entertainer's dream, featuring a grand recreation room, a built-in entertainment system, and a stone surround gas fireplace. It also includes a handsome bar area with cherry wood built-in cabinets, a copper sink, green marble countertops, and sleek slate flooring, and walk-in wine cellar. Continue through the lower level to find a private home gym and a and a full bathroom with sauna. Additionally there is an ensuite bedroom and an expansive laundry room. Access to a side load three-car garage is also provided on this level.
The backyard of the property is truly spectacular! Featuring an expansive 45-foot heated pool, surrounded by a tiered stone terraces with ample space for relaxing, dining, and entertaining. The stone-lined hot tub, professionally lit clay surface tennis/pickleball court, and sprawling lawn make it ideal for recreational activities. The exquisite landscaping throughout the backyard, includes a private rose garden, and mature trees and plantings that have been professionally maintained and cultivated. A pool house complete with wet bar and full bathroom adjacent to the pool area provides convenience for both residents and guests.
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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%.
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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.
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