11925 THOMAS AVE
About This Property
The elegant interior features the highest standard of quality craftsmanship and finishes - two-story foyer and 9' ceilings, hardwood floors, custom built-ins, extensive molding and trim, designer lighting, and more. The floor plan is thoughtfully laid out for elevated living - enjoy a custom library and separate dining room for formal gatherings while the large, light-filled family room off the kitchen is perfect for more casual family time. The chef's kitchen features custom Omega cabinets, top-of-the-line appliances including a Sub-Zero Pro 48" refrigerator and a Wolf Range as well as a 10-foot island, perfect for large gatherings and entertaining guests.
4 generous bedrooms upstairs include the primary suite with a separate seating area, tray ceiling and walk-in closet designed for maximum capacity. The luxurious en-suite bath is covered in Calacatta gold marble and features radiant heated floors, a large walk-in shower with glass-tiled wall, custom-designed twin vanities and credenza, and Barbara Barry-designed lighting to complete the look.
The walk-out lower level includes a full kitchen, 5th bedroom and full bath, while the separate entrance is ideal to use this space as an in-law suite. The lower level also features wine storage and a large laundry room featuring energy-efficient Bosch washer and dryer and a cast-iron sink.
Enjoy a 3-car garage with additional storage space and a separate work shop off the lower level, perfect for indulging in your many hobbies! A new roof and well pump were replaced in 2021 and high-efficiency AC systems were replaced in 2015. Upgraded windows and doors throughout make for efficient home energy. The property is south-facing and has custom, floor-to-ceiling french doors on two levels boasting tons of natural light. Speakers are discretely installed in-wall and on all levels including the deck. The outdoor patio is ideal for entertaining rain or shine due to the underdeck system and the caterer's kitchen inside.
The grounds surrounding the home were designed for low maintenance with automatic irrigation and a fenced-in backyard for children and pets! Extensive outdoor lighting allows for gracious views at night. Nature lovers will delight in walking across the wooden bridge spanning the babbling creek that flows through the property. Two large, red cedar-covered gazebos on opposite sides of the home are ideal spots for respite. Conveniently located with easy access to top-rated schools, minutes to Great Falls Village Centre and major commuter routes. Enjoy and welcome home.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017