11717 CAPSTAN DRIVE
About This Property
Set on a lovely one-acre lot in a beautiful community, this home is surrounded by mature trees, manicured gardens, and thoughtfully designed outdoor spaces. Step inside through a dramatic two-story foyer with soaring ceilings, hardwood floors, and dual staircases for seamless flow throughout the home.
The main level showcases formal living and dining rooms with tray ceilings, chair rail molding, and tall windows that bathe each space in natural light. A private office with French doors provides the perfect setting for remote work or study. The heart of the home is the two-story family room, featuring a floor-to-ceiling gas fireplace with stone surround and expansive windows that overlook the backyard.
The gourmet kitchen is designed for entertaining with a center island, rich wood cabinetry, and a suite of appliances including a gas cooktop and double wall ovens. A large sun-filled morning room opens directly to the expansive Trex composite deck, ideal for indoor-to-outdoor gatherings.
Upstairs, the luxurious primary suite boasts a tray ceiling, a spacious sitting area, multiple walk-in closets, and a super bath with dual vanities, a soaking tub framed by a picture window, and a glass-enclosed shower. All three additional bedrooms feature their own en-suite baths, providing privacy and comfort for family and guests alike.
The lower level offers tremendous flexibility with an unfinished basement featuring two walk-out doors, a rough-in for a full bathroom, and plenty of space for future expansion, perfect for recreation, guest accommodations, or a home gym.
Conveniences include a well-equipped laundry room with washer/dryer, utility sink, and upper cabinetry, plus a laundry chute for added ease.
Outdoors, enjoy multiple gathering spaces including a large deck, stone patio, and open lawn ideal for play or relaxation. The three-car side-load garage and extended driveway offer ample parking.
This exceptional property seamlessly blends timeless style with modern convenience, offering a lifestyle of comfort, luxury, and ease.
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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