14955 ALPINE BAY LOOP
About This Property
This traditional home has been beautifully maintained and has many high end finishes; oversized Marvin windows, custom moldings, beautiful hardwood floors, vaulted ceilings, a marble entryway, a gourmet kitchen with sub-zero and Wolf appliances, and a fabulous trex deck are just some of the features that makes this home so special.
A grand entrance with circular driveway and front porch beckons you inside, where formal dining and a library flank the center hall with its sweeping circular staircase and a dramatic dual height foyer. Lofty 10ft ceilings in the dining room draw your gaze upwards where unique, custom hand painted moldings create drama and elegance. The gourmet kitchen with gleaming granite countertops, custom cabinetry, a massive island and separate prep station with its designated sink. A lovely breakfast nook creates the perfect spot for informal dining, and access to the trex deck with retractable awning. Back inside, a formal living room sits at the heart of the home and has a gas fireplace and built in bar area. A versatile bonus room, laundry room, powder room and oversized 3 car garage complete the main level.
Upstairs, you are greeted by the primary suite with vaulted ceilings and an adjoining sitting room, with 3 closets. The en suite bathroom has dual vanities, a separate shower and soaking tub. Down the hall, a princess/prince suite is the perfect guest room, while 2 additional bright and cheerful bedrooms share the well appointed hallway bathroom.
The lower level of the home plays host to multiple storage and utility spaces, a massive recreation room with custom built-in wet bar, a 5th bedroom with full bathroom makes for a perfect in-law, au pair or guest suite, and provides walkout access to the lower, peaceful grotto patio.
The setting and scenery here are impeccable and are a once in a lifetime opportunity!
The roof was replaced in 2018, windows in 2016, HVAC systems - 2014/15, hot water heaters - 2019/20.
The house is fitted with a whole house generator, uplighting and irrigation system for convenience.
All information is deemed reliable, not guaranteed.
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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