1214 CAPE SABLE DR
About This Property
Welcome to this well maintained and loved split level sitting on a professionally landscaped 1.14 acre off a private road shared with only 3 neighbors.
You and your guests won't have difficulty parking in the oversized paved driveway (2018) and 2 car garage. This garage leads you into the main level kitchen and dining area which has been filled with tons of laughter over the years. This level also offers a new pellet stove (2020) in the living room over looking the covered patio outside of the front entrance. To the rear your family can enjoy the 3 seasons room taking you to the entertainer's paradise out back.
The upper-level hosts 3 bedrooms with tons of sunlight, fresh paint and plenty of closet space. The primary bedroom includes an en-suite. The large common use bath welcomes the sunshine through the overhead skylight and a chore friendly laundry chute down to the lower-level laundry room featuring a newer style Samsung washer and dryer.
Continue down the stairs to the first lower level into the family room and another pellet stove (2020). This level also has a sliding glass door out to the side yard. Just when you thought that was it, yet another finished level offers your family the potential to turn this area into whatever you need...more storage, a 4th bedroom, playroom, rec room, or more with a propane stove and doorway.
An entertainer's paradise offering an above ground oval pool surrounded by a newer Trex deck. Enjoy the views from the main deck or 3 seasons porch. You could sneak away to the 5-person hot tub on the lower covered patio. This will be your pet's favorite home as well with a fenced area in the backyard and an underground pet fence also available.
This home is waiting for your family to create years of memories.
Just to mention a few maintenances and updates... (Feel free to browse the service contract in the binders during your showing)
Exterior:
Professional landscaping (Continual basis) and aeration 9/2022, Driveway and Road paved 2018,
Roof 7/2019
Pool and Hot tub professional maintained
Interior:
Water Neutralizer 6/2021, Bathroom floor renovated 2018, Refrigerator 2018
Samsung Washer 12/2019, Samsung Dryer 5/2020
Hot Water Heater 12/2019
Pellet Stoves 2020, Propane gas fireplace leased through Tevis with service agreement
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017