25
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14 Meadow Lane
About This Property
One of Westhampton's most sought-after locations, minutes from the Town and Beach. This Sprawling Cedar Shake Traditional home features 5 large bedrooms and 5.5 baths. There is a First and Second floor Primary Bedroom.
A large entrance foyer leads to the Huge Great room that boasts a 18 foot-high Ceiling with a Grand Wood Burning Fireplace. The Open floor plan flows seamlessly into the Kitchen, Dining area, and Family room.
Beyond the wall of windows lies a Huge Mahogany deck that surrounds a 20x40 heated Salt Water Pool with Stadium steps and Hot Tub. The are multiple seating areas for entertaining and a Built BBQ with refrigerator for Cocktails and dinning Al 'fresco. The second floor Landing features a Cocktail bar and Lounge. The 2 Second floor bedrooms have large decks overlooking the preserve. In addition, there is a Roof top deck with fabulous views.
The lush park like grounds also sports a professional style Har Tru Tennis Court and a legal out building.
The extensive Specimen landscaping abounds throughout the property.
This Is a MUST SEE!!!
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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