17017 SPATES HILL RD
About This Property
Welcome to 17017 Spates Hill Road -- situated on a premium half-acre lot in beautiful Seneca Chase, this 4BR/4Full/1Half bath home checks all the boxes! The main level is expansive – stretching from the two-car garage which is connected to the kitchen through a large mudroom/laundry room at one end, to the spacious library at the other. In between you'll find a gorgeous hardwood foyer that looks up to a towering ceiling and second-story balcony bridge. The light-filled family room, complete with a vaulted ceiling and fireplace, connects seamlessly to a large gourmet eat-in kitchen. A screened-in porch, formal living room, and powder room complete this level. Upstairs are four generous bedrooms, two with ensuite baths, and two connected by a shared bath. Over a thousand square feet of unfinished space provides lots of potential in the lower level including ready space for a fifth bedroom.
This is the one you've been waiting for! This classic center-hall colonial offers sophisticated and inviting living spaces inside and out. Step outside to your private backyard oasis featuring an inviting pool, a lush expanse for recreation and play, and a relaxing view of the neighborhood pond. The two-level deck opens to a fully-fenced yard and provides ample space for outdoor grilling, dining, and lounging. Perfect for entertaining at any scale, this exquisite property offers the perfect blend of luxury, comfort, and natural beauty. Welcome home!
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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