Immaculate custom estate that exemplifies luxury living and
attention to detail. This truly one-of-a-kind home is located in
the prestigious Sky Mesa Ranch community of Alpine and offers 3
bedrooms plus a dedicated office, 2 full bathrooms, 2 half
bathrooms, and over 1,000 square feet of garage space across three
garages. Huge driveway with room to park RV. Enjoy
spectacular panoramic views, stunning custom cabinetry throughout,
a spacious primary suite, and walk-in closets in every bedroom. The
beautifully designed outdoor living area features a large covered
patio that overlooks the gorgeous backyard, creating the perfect
space for entertaining or relaxing. Backyard has potential room to
add a Pool, pool bath already on side of house! This smart,
fully integrated home includes distributed audio/video, security
and surveillance systems, whole-house Wi-Fi, and an intercom
system. Energy-efficient features include fully owned rooftop
solar, three Tesla Powerwall backup batteries, a private well, and
extensive paver upgrades. As one of the few neighborhoods in the
area served by natural gas rather than propane, this property
offers exceptional convenience and efficiency. A rare
opportunity to own an extraordinary home in one of Alpine's most
desirable communities.
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.
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