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1676 Bent Wedge Pt
About This Property
The great room is anchored by a gas fireplace with slate tile surround and flows seamlessly into the well-appointed kitchen, complete with an island, eating area, and sliding doors that continue the golf course sightline. A formal dining room with butler's pantry (currently used as a sitting room) adds flexible entertaining space. A dedicated office completes this floor plan built for main-floor living and easy entertaining. From the kitchen, step out to a back patio made for Colorado living - multiple seating areas, a linear gas firepit, and a gas grill. The yard is 75% xeriscaped for easy maintenance, with a small dog run and grass side yard.
The primary suite offers golf course, mountain, and city views, a luxurious double-vanity bath, and a walk-in closet connecting directly to the laundry room. One secondary bedroom and full bath sit near the office area, while a third bedroom is privately positioned near the garage. The lower level is finished and versatile - an additional bedroom and 3/4 bath expand the living space, while a home gym and rec room with pool table and golf simulator offer endless opportunities for fun or the flexibility to customize to your lifestyle.
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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