16 Winchester Drive
About This Property
Encompassing approximately 4,000 square feet, this stately residence features 5 spacious bedrooms and 5.5 bathrooms. A dramatic double-height foyer with an elegant spiral staircase sets the tone for the home's refined yet welcoming atmosphere. The fully finished basement adds versatile living space, ideal for a media room, gym, or guest suite.
Designed for both functionality and sophistication, the open-concept kitchen flows effortlessly into the formal dining room and inviting family room-creating a seamless space for entertaining and everyday living. The expansive primary suite serves as a private retreat, thoughtfully positioned for maximum comfort and privacy.
Enjoy lush front and rear gardens, ample outdoor space, and a layout that balances grandeur with practicality. Convenient to Schools, Transportation and Easy Access to Major Highways. Close to the Luxury Shopping and Dinning at The Americana Mall.
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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.
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017