38
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17 North Drive
About This Property
This state-of-the-art showplace features a stunning primary suite complete with a private en-suite retreat and an expansive balcony overlooking the resort-style backyard. Enjoy breathtaking views of the dramatic pool-perfect for both relaxation and upscale entertaining.
An exceptional dual Asian and Western chef's kitchen is masterfully designed to accommodate both refined culinary experiences and grand-scale gatherings. Outfitted with top-tier appliances, including a Wolf gas cooktop, Sub-Zero refrigeration, and a full suite of Miele appliances, this space exemplifies both performance and sophistication. A dramatic marble island serves as the centerpiece, while three dishwashers and two wine coolers offer unparalleled convenience for modern luxury living.
A sun-filled sunroom showcases a beautifully crafted wood-paneled ceiling and refined wood flooring. A full wall of French sliding doors creates a seamless indoor-outdoor flow to the backyard, while intricate ornamental moldings add a touch of timeless sophistication.
Designed for ultimate comfort and elevated living, the lower level offers a private media room, a temperature-controlled wine cellar, and a billiards room-creating an unparalleled lifestyle experience. Combining privacy, scale, and elegance, this dream residence defines the pinnacle of luxury living. This is a home you truly have to see to believe.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017