1404 PRIDE TREE CIR
About This Property
The spacious main level features a large family room with a cozy wood-burning fireplace, complete with a blower for added warmth during the winter months. Adjacent to the family room is a light-filled sunroom with a gas stove and elegant slate floors, ideal for year-round relaxation. A second, generously sized family room (currently a workout area) offers flexible space that could easily be converted into a main-level bedroom, with a nearby full bath perfect for an in-law suite or guest quarters.
Upstairs, both full baths have been beautifully updated, providing a luxurious retreat. The home's thoughtful updates extend to the mechanicals, including a new HVAC system with two zones, a new water system with a PH neutralizer, and a new well pump.
Outside, your private oasis awaits. The expansive backyard features a refreshing pool with a new liner, motor, and Dolphin automatic pool cleaner, ensuring easy maintenance all season long. A large 8-person Viking hot tub provides the perfect spot to unwind. Extensive hardscaping and concrete areas surround the pool, with a built-in natural gas line ready for a grill, making this outdoor space ideal for entertaining.
The home also includes a large, insulated, and heated 2-car garage, offering ample storage and year-round functionality. This property is a rare find, combining upgraded amenities, modern comfort, and outdoor leisure-all in a peaceful and convenient location. Don't miss out on this exceptional opportunity!
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017