Purposefully designed for entertaining on every scale, this
remarkable 2.07-acre estate offers approximately 12,000 square feet
of luxurious living where family and friends naturally gather. From
children's pool parties and lawn games to elegant dinners,
corporate events and celebrations, every indoor and outdoor space
is designed to create unforgettable experiences. Resort-quality
amenities include a spectacular swimming pool, newly constructed
four-season pool house, covered outdoor kitchen, bar, wine room,
games room, home theatre, fitness center, spa, and expansive
entertaining terraces. Extensively renovated and modernized, the
residence features enterprise-grade WiFi, Crestron Home automation,
distributed digital audio/video, advanced security, whole-house
generators, upgraded mechanical systems, high-performance HVAC,
designer lighting, custom millwork, and exceptional finishes
throughout. Landscaped grounds with manicured lawns, stone walls,
mature trees, and ultimate privacy.
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.
Interior Features: Central Vacuum, Wet Bar, Wired for Sound, High Speed Internet, Sauna/Steam/Hot Tub
Appliances: Gas Water Heater, Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, Water Softener, Plumbed For Ice Maker, Water Treatment, Vacuum System
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