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Map
16 Pine Hill Drive
About This Property
The updated kitchen with sliding glass doors opens to an oversized stone patio with a charming gazebo – perfect for outdoor dining and entertaining. The expansive, level backyard stretches over two acres of professionally landscaped property and backs up to Reservoir Road, offering privacy, protected land, and direct access to the scenic Cross River Reservoir and Dam.
Unwind by a cozy fire in the den with rustic wood beams, or enjoy birdwatching or reading in the tranquil library featuring stone floors. The sunlit primary suite boasts an ensuite bath and generous closet space, while three additional spacious bedrooms provide comfort and flexibility.
This move-in-ready home combines timeless charm with modern updates – a rare find in an unbeatable Katonah location.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017