15931 WOODS CENTER ROAD
About This Property
Welcome to 15931 Woods Center Road - a stunning new Craftsman-style home thoughtfully built by its single owner with custom finishes throughout, sitting on a full acre of land along Norbeck Road. Nestled behind over 30 homeowner-planted trees and lush landscaping designed for year-round privacy, this home features an oversized driveway, a custom deck with a gutter system keeping the private underside sitting area dry, and a full-length back porch with elegant hardscapes. The backyard is a true retreat, boasting modular and boulder retaining walls, oversized rock steps leading to a custom fire pit, and a hardwired lighted pathway, plus a custom Amish storage shed with electricity. The owner has performed and can make available certified survey and design for an infinity custom pool with hot tub and tanning ledge, offering incredible potential for a resort-style outdoor oasis. Inside, enjoy a spacious primary suite with a custom-built oversized closet and bathroom, fresh paint throughout, a beautifully appointed kitchen with quartz countertops, and a large attic equipped with a versa lift from the garage. The fully finished basement offers a private bedroom, a custom bourbon-inspired wet bar, and an oversized multipurpose room perfect for a home theater or fitness space. Additional features include stormwater drainage, front and side yard irrigation, and the peaceful backdrop of a protected conservation area directly behind the property. Perfectly located just minutes from shopping centers, malls, and surrounding areas, with easy access to local roads and highways, this exceptional home seamlessly blends craftsmanship, modern amenities, and private outdoor living in an ideal and highly convenient setting.
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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