11505 PLEASANT VALLEY ROAD
About This Property
The front portion was originally built in 1940's, with living room and one bedroom/office at the front of the main level, kitchen and large full bath at the back of the main level; 2 bedrooms up. Basement has all the equipment: well pump, water softener, furnace, sump pump and is fully water proofed.
Customized 2-story addition in 2009-2010 is done by the then owner, full of decorative millwork and has 2-zone HVAC systems. Side entrance takes you right into the gourmet kitchen that's fit for a chef, offering a 14' island with bar, professional grade appliances including 6 burner cook-top with pot filler, 60" wide fridge, double wall ovens and beverage fridge. Enclosed wine glass rack, pull out utensil rack & spice rack plus lighted walk-in pantry provides cleaver storage solutions. Host dinner parties in the adjacent formal dining room, or host watch party in the spacious family room fitted with gas fireplace, elaborate tray ceiling, warm maple wood paneling and extensive built-in cabinets.
Going up the extra wide solid wood staircase, lit by a motion sensor light plus lights on the wall niches, you probably don't want to ever leave the primary bedroom suite that is the entire second floor. Large bedroom boasts vaulted ceilings, gas fireplace, access to balcony flanked by light sconces. The area leading to the Bathroom suite has picture window overlooking the greenery with built-in shelving and cabinets, that is perfect for office or arts/crafts room. Sumptuous bathroom has soaking tub, mini fireplace, TV, dual sinks, shower stall with 3 niches for all the bottles. Laundry room conveniently located by the bathroom.
Hold your jaw now, let's save the best for last - a grand walk-in closet that's fit for the king/queen of the house! Built with solid oak, floor to ceiling cabinets, shelving, racks for all your clothing shoes purses belts ties...... completed with an "island" that opens up to a giant jewelry box and shoe polish station!
Enjoy the pasture and mountainous views, escape all the hustle and bustle, start your marvelous country living right here!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | In contract | - | |
| In contract | |||
| May 26, 2023 | Price Decreased |
$530,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| May 24, 2023 | Price Increased |
$545,000
↑ $15K
(2.8%) | |
| Price Increased | |||
| Apr 20, 2023 | Listed by Weichert, REALTORS | $530,000 | |
| Listed by Weichert, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017