165 Peninsula Drive
About This Property
A grand two-story foyer with an elegant bridle staircase and exquisite raised-panel woodwork sets the tone for the home's refined design. The entry features striking ceramic tile with an imported mosaic medallion, transitioning into oak floors with a herringbone inset and walnut border for added sophistication. The home offers multiple bedrooms, several boasting private balconies with serene views of the river. Babylon village taxes are include in Taxes.
At the heart of the residence is a beautifully appointed chef's kitchen complete with a center island seating and dining area plus a well-equipped butler's pantry-with prep sink and additional wine refrigerator-opens to the formal dining room, where a gas fireplace adds warmth and charm. The inviting living room offers classic oak floors and a wood-burning fireplace, perfect for cozy evenings at home. Step outside to your private waterfront retreat, x zone location, offering 140 feet of sandy beach, a 22' x 40' boat slip, a pier with floating dock, and stunning views over the Carll's River.
The resort-style backyard features an inground heated solar pool, pergola, jacuzzi, built-in barbecue, and gas fire pit, creating an ideal setting for both entertaining and quiet relaxation. This remarkable property delivers luxurious living, breathtaking water views, and every amenity for an unparalleled coastal lifestyle
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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