1484 Matterhorn Drive
About This Property
This charming white house, that sits up on a hill, is located on the corner of Whitegate Avenue and Matterhorn Drive in Allesandro Heights. This is a custom-built 4 bedroom home with just under 3500 SF, roughly 1/2 acre of land and desirable indoor and outdoor areas. There is a long covered front porch where you can sit and enjoy watching the activity in the neighborhood or relax behind the house under the large (just rebuilt) pergola as you look at the pool and spa. Steps lead down to an orchard area where a small creek also occasionally flows.
You enter the house through the front door into a two story entryway that gives access to most of the down stairs rooms (kitchen, family room, half bath, living room and dining room) and the staircase to the upper level. The downstairs also has an office and a laundry room.
On the upper level you will find the primary suite with natural wood beams and a large private balcony. The master bath is very large and has double sinks, a walk in shower, a jetted tub, lots of built in storage and a closet. There are 3 additional bedrooms and 2 baths upstairs. One of the bedrooms could be used as your guest quarters and features a bathroom and its own private entrance from the pool.
Schedule your private showing today!
Payment Calculator
Your Estimated Monthly Payment
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,099,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017