16701 CEDAR POST COURT
About This Property
HUGE bonus for a car enthusiast, skilled trades person or anyone who needs extra storage.... Nestled in the woods, at the back of the lot, out of sight in all 4 seasons is a detached 24x30 3 car garage with concrete floor and three additional storage sheds with shelving. All of these outbuildings have power and water.
The foyer welcomes you as you arrive and is enhanced by high ceilings. The impeccably updated epicurean kitchen will be a source of pride! The main floor boasts a family room with a fireplace, private office, formal living room, and dining room, spacious sunroom, all with hardwood floors.
Upstairs, hardwood floors create a warm inviting space. The generous-sized primary suite has a sitting room, a walk-in closet with full size laundry, a luxury bathroom with double vanity, a large soaking tub, a separate water closet, and a steam shower. Three other bedrooms, one ensuite and the other two share a full bath, complete the upper level.
The walk-up lower level features a billiards area, built in bar, recreation room with built-ins, a large home gym, two dens, a craft room and a full bath!
Outdoor living shines in every season with the impeccable landscape design and extensive outdoor lighting featured at this home. The back yard feels like a nature sanctuary. There are two composite sun deck, a paver patio with outdoor fireplace area and a stone patio conversation area, as well. All these spaces connect seamlessly to the kitchen and family room- creating an ideal entertaining flow.
The thoughtful landscape design includes over 100 specimens of the flora that is native to our region.
The spacious lot provides plenty of room for a pool.
Peace of mind is assured by the comfort of a whole house generator and landscape irrigation system. Outbuildings convey as-is, where-is.
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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