126 Filigree Way
About This Property
Upon entering the sweeping two-story foyer, you'll immediately appreciate the impeccable craftsmanship and attention to detail that define this home. Custom millwork, elegant trim, and thoughtfully chosen finishes grace every room. The formal dining room, with natural light from expansive windows, flows seamlessly into a chef's dream of a kitchen. With an oversized island, pristine granite countertops, and a custom-built bar featuring soft-close cabinetry, this kitchen is both functional and beautiful, but I like to call it a masterpiece.
The open-concept living and dining areas create a perfect flow, and draws you to the truly extraordinary outdoor living space. Step outside to discover a custom-built covered stone patio, complete with a wood-burning fireplace and TV - a true entertainer's dream. The fully fenced backyard overlooks protected land, providing unparalleled privacy and a peaceful retreat for relaxing or entertaining.
On the main floor, a well-appointed guest suite with an en-suite bathroom ensures your visitors feel right at home. The mudroom, right off the garage features custom built-ins offering offers ample storage and serves as a tidy drop zone to keep everything in order.
Upstairs, a spacious, multi-functional landing leads to an equally well-designed second level. The huge primary suite is a sanctuary, with custom built-ins, abundant natural light, and serene views of the surrounding woods. The primary bathroom is large and luxurious, featuring a double vanity, high-end hardware, and elegant finishes while the oversized walk-in primary closet is the perfect blend of space and organization.
Upstairs you'll also find two generously-sized bedrooms connected by a Jack-and-Jill bathroom, as well as an additional bedroom with lovely views of the woods and plenty of natural light. A fourth full bathroom, large laundry room, and an office (or workout room, creative space or even 6th bedroom), complete the upper level.
As if all of this weren't enough, this home is located in an incredible neighborhood with exceptional amenities, including a pool, clubhouse, playground, and more. Plus, it's just minutes from dining, shopping, entertainment, parks, and nature trails.
Meticulously maintained and thoughtfully upgraded with a designer's eye for style and charm, 126 Filigree Way is a class unto itself and truly must be seen to be believed!
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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