12 Split Tree Road
About This Property
This designer home masterfully blends beauty with function. The elegant formal living and dining rooms frame views of the picturesque yard, leading to a party-size deck that's perfect for upscale entertaining. The park-like setting is adorned with mature trees, creating a backdrop that's as peaceful as it is private. The renovated kitchen and bathrooms are straight out of a design magazine, with state-of-the-art finishes that will impress the most discerning eye. The home features five bedrooms, including a convenient first-floor suite ideal for an au pair or extended guest visits. The first floor also include a sun-drenched playroom with direct backyard access, and a spacious and bright home office and a chic powder room. The lower level unfolds into a vast recreation room, an additional powder room, and a mudroom, all together creating an additional 560 sq ft of living space.
Benefit from free public school buses to elementary, middle and high school and easy access to major highways. Living here offers the luxury of a W hotel with the comfort of home-a true vacation lifestyle.
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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