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16 Hearthstone Circle
About This Property
Step outside to your own private retreat featuring an expansive in-ground pool, beautifully landscaped grounds, a spacious cabana complete with a custom bar, television, full bath, and laundry, along with a covered outdoor pavilion featuring a wood-burning fireplace and built-in pizza oven-creating an extraordinary setting for entertaining throughout the year.
What truly sets this home apart is the life it has embraced. Lovingly cared for and thoughtfully updated over the years, it has been the backdrop for holiday celebrations, summer afternoons by the pool, evenings around the outdoor fireplace, and countless gatherings with family and friends. Designed for living rather than simply being admired, this warm and welcoming home offers a lifestyle that is increasingly rare. More than an exceptional residence, 16 Hearthstone Circle is a place where memories are made, traditions are celebrated, and every season is beautiful
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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