16375 Sandstone Dr
About This Property
Main level w access to the new west-facing deck, ideal for sunset cocktails. Grey-washed wood floors, sleek gas fireplace, soaring ceilings, powder room, & walls of windows that flood the area with natural light. Dining area flows into updated kitchen w white marble, an island w gas cooktop, SS appliances, modern lighting, & amenities + a handy dumbwaiter for effortless grocery transport from garage. Vaulted ceilings & lg windows frame vistas of the Dakota Ridge hogback, southern valley, and downtown. Step out to the front balcony to savor morning coffee with a view or access the private patio with a hot tub and a tranquil waterfall. The built-in bar area offers an extra beverage fridge.
Upstairs - vaulted ceilings, 2 bedrooms w jack-and-jill bathroom, plus add'l bedroom w ensuite, all updated. Ascend to the owner's suite, where a gas fireplace, cozy atmosphere & large windows provide unrivaled views. The ensuite bathroom boasts a free standing soaking tub, dual quartz vanity, walk-in shower, & walk-in closet w new California Closets system. The laundry room is also on this upper level.
The lower level entertainment space w stone fireplace, storage, wet bar, access to the front patio, & remodeled bathroom w steam shower. Oversized 3-car garage.
COMPLETE REMODEL - every light fixture and outlet, ceiling fans, carpeting, fresh paint, decks, landscaping & concrete pathways, garage doors, 2 water heaters, & the addition of smart window treatments, switches & thermostats.
800 acres of private open space trails for hiking, biking, and horseback riding. Ride your golf cart to RRCC for world-class golf, swimming, or dining.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2023 | Listed | $1,890,000 | |
| Listed | |||
| Jun 28, 2022 | No longer available | - | |
| No longer available | |||
| Jun 15, 2022 | Listed by Keller Williams Advantage Realty, LLC | $1,850,000 | |
| Listed by Keller Williams Advantage Realty, LLC | |||
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This stunning Willow Springs home, sits on a huge lot offering** STUNNING VIEWS** and is **BEAUTIFULLY REMODELED**. Close to trailheads for **MILES AND MILES OF PRIVATE TRAILS **The open floorplan is great for entertaining with plenty of parking for all your guests courtesy of the oversized lot. Professional landscaping, relaxing water feature and a hot tub compliment the outside, while the oversized 3 car garage has ample space for cars, toys and workshop. High ceilings, large windows and multiple decks and patios will take away any cabin fever. This is why you look forward to coming home! The manager has listed the unit size as 4702 square feet.
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| Feb 28, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017