1600 Ridge Route Drive
About This Property
From the moment you arrive, the expansive concrete driveway and spacious three-car garage set the tone for what lies beyond. Step through the impressive double-door entry into a grand foyer, Leave your coat inthe convenient coat closet and enter the enchantment.
A truly memorable Family room, featuring a huge fireplace set against a natural stone wall and picture windows framing the valley view. The oversized kitchen is a chef's dream - outfitted with a new dishwasher, new range top, new oven, new range hood, and a new sink and faucet. The kitchen's generous size can easily accommodate a banquet-sized dinner, complemented by classic tile countertops and sleek black Italian tile floors that flow throughout the home.
A massive living room offers ample space for a display aquarium and boasts large view windows and direct access to the patio. This patio area is thoughtfully plumbed for a future wet bar, perfect for entertaining. The formal dining room is equally spacious, easily fitting a banquet table and offering captivating views through grand windows.
Downstairs, a full bathroom features a walk-in shower, a large vanity and a skylight. Laundry room includes built-in full wall of cabinets and counter.
The master suite offers a private retreat with a massive walk-in closet, new carpet, a cozy fireplace, and direct access to the upper deck with a phenomenal 260° panoramic view. The master bath features a jetted tub, dual sinks with tiled countertops, a walk-in shower, and is plumbed for a bidet.
Bedroom 2 includes a large closet and opens directly onto the patio with spectacular rolling hill and valley views.
Bedroom 3 also enjoys a large closet, gorgeous view windows, and private access to the deck.
The upstairs hall bathroom features another jetted tub and plumbing for a bidet.
Additional features: instantaneous water heater, propane forced-air heating system.
If you're seeking a large, private, and breathtaking view home, 1600 Ridge Route Way is a rare find that offers true luxury living.
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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