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115 Shore Road
About This Property
Step through the inviting entry foyer and discover sun-filled, spacious rooms ideal for entertaining family and friends. The gracious living room and formal dining room provide a perfect setting for gatherings, while the gourmet kitchen-complete with an adjoining breakfast room & pantry-serves as the heart of the home, overlooking the beautifully landscaped property. A chic powder room & first floor laundry room provides ease & convenience and & complete the first floor of this home offering over 3670 square feet of spacious living .
Unwind in the warm and welcoming family room, featuring a cozy fireplace and custom built-ins.
Upstairs, a versatile family room or office space provides a flexible option for work or relaxation. The luxurious primary suite offers a serene retreat with a walk-in closet and a beautifully renovated bath with radiant heated floors. Four additional bedrooms and two full baths-one also with radiant heat-complete the second level, providing ample living space for all.
Perfectly situated near Manhasset's quaint village, enjoy convenient access to shopping, dining, and an easy commute to New York City via one of Long Island's most desirable train lines.
This beautiful offering is a place where comfort, elegance, and convenience come together to create the perfect home to enjoy for many years to come.
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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.
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About Manhasset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017