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1137 SUGARLOAF MOUNTAIN ROAD
About This Property
The award-winning residence, built in 1998, features four bedrooms, three full bathrooms, and one half bath, thoughtfully designed to accommodate a variety of lifestyles. Whether you need dedicated space for remote work, multigenerational living, entertaining, or simply enjoying the natural beauty that surrounds you, the flexible floor plan offers endless possibilities. Three separate office spaces make working from home both comfortable and productive.
Meticulously maintained and significantly enhanced since 2017, the home reflects the pride of ownership and careful stewardship of its current owners. Every detail has been thoughtfully updated to create a warm, inviting, and move-in-ready residence.
The upper level is designed for both everyday comfort and elegant living. The spacious primary suite serves as a private retreat, featuring two walk-in closets and a luxurious primary bathroom with a heated floor installed in 2021, a soaking tub, and a separate shower. Two additional generously sized bedrooms share a beautifully renovated hall bathroom completed in 2022. The heart of the home is the renovated kitchen, updated in 2018 and centered around a large two-level island housing a gas Wolf 6-burner range with griddle with a matching Wolf range hood. The kitchen also features Wolf double ovens and warming drawer, a SubZero refrigerator-freezer, and Bosch dishwasher, all overlayed to match the cabinetry. A separate set of cabinetry provides a beverage station housing a U-line refrigerator for wine and cold drinks, and lighted glass-front cabinets to display glassware. The kitchen opens seamlessly to the family room with its fireplace, beamed cathedral ceiling and skylights. An adjacent formal dining room connects to the kitchen with a granite-topped pass-through. A convenient laundry room is also located on this level. Expansive outdoor living spaces include a deck and a screened porch, providing the perfect setting to enjoy the peaceful surroundings and scenic views throughout the seasons.
The lower level offers a welcoming and versatile living environment with exceptional architectural character. A gracious entry hall leads to a dramatic two-story library featuring grand picture windows that fill the space with natural light and showcase the beauty of the surrounding landscape. This level also includes a comfortable living room with a built-in bar, creating an ideal space for entertaining family and friends. An additional bedroom and full bathroom provide flexibility for guests or multigenerational living, while a walk-in closet and large storage room offer abundant practical space. A covered patio extends the living area outdoors and provides a tranquil setting for relaxation.
Additional features further enhance the property's appeal and functionality. The home is served by three HVAC systems for year-round comfort, a 1,000-gallon propane tank and private well and septic systems. An oversized two-car garage with automatic doors provides ample room for vehicles and storage. Outside, mature landscaping, extensive wooded acreage, two sheds and a hot tub create a private outdoor oasis that blends seamlessly with the natural surroundings. This property is located adjacent to Sugarloaf Mountain, which is preserved and maintained by Stronghold, a conservation organization with a 75-year history of protecting the mountain's unique beauty.
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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