1548 SAPPINGTON DRIVE
About This Property
The gourmet kitchen features state-of-the-art appliances and opens to an inviting family room with a wood-burning fireplace, creating the perfect space for everyday living and entertaining. Rich espresso hardwood floors add warmth and elegance throughout the main level. The spacious primary suite offers a custom walk-in closet and a luxurious bath complete with a Jacuzzi tub and ski lights on the upper level.
The fully finished lower level is an entertainer's dream, featuring a recreation room, wet bar, billiard room, custom built-in TV, and an electric fireplace. Step outside to your private, fenced backyard oasis, with a large patio completed with a in-ground, heated saltwater pool and a beautiful waterfall feature-perfect for relaxing or hosting guests.
Additional highlights include a whole-house backup generator, updated bathrooms, windows, roof, water heater, A/C, and more. With its beautiful landscaping, generous living spaces, extensive updates, and resort-style backyard, this exceptional Colonial is truly move-in ready and designed for comfortable living and effortless entertaining. This home is a must see, Schedule your tour today before it's gone.
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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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017