18 Adas Way
About This Property
Inside, custom details abound. White oak hardwood floors flow through the main living areas. Elegant Hubbardton Forge lighting fixtures adorn the hallways and living spaces, and lights throughout the home are on dimmers, creating the perfect ambiance at any hour. Custom Hunter Douglas power blinds grace the great room, allowing you to brighten or darken the room with the push of a button. The inviting living room features handcrafted oak and walnut built-ins and a gas fireplace finished with dramatic floor-to-ceiling custom slate and double mantles. Pocket doors, stair lighting, and thoughtful architectural touches distinguish every space.
The gourmet kitchen is appointed with a Thermador gas range, Viking microwave, oven, and warming drawer, GE Profile refrigerator, and Zephyr exhaust fan. Under and in-cabinet lighting, stunning candelabra on a track lighting rail, sliding pantry drawers, deep pull-out self-closing drawers, raised dishwasher, and an island sink with garbage disposal make this space as functional as it is beautiful. Designed for seamless indoor-outdoor living, the kitchen opens to a delightful three-season room, the ideal spot to entertain guests or take in the surrounding mountain scenery. Expansive decks extend the living spaces outdoors, offering multiple areas for dining, relaxing, and enjoying the views.
The spacious primary bedroom captures sweeping mountain views with walk-out deck access. Custom electric blinds cover the south wall of this bedroom offer day/night light control. This suite is connected by a large walk-in closet and dedicated home office/additional bedroom (no permanent closet, accessible from the home's hallway). The en suite bath showcases a grand stone-and-tile shower, custom tile work, and a commode room with double doors.
Two large guest rooms with vaulted ceilings offer spectacular mountain views and comfort. The guest bath features striking fossilized wood tile. Stair lighting and a post light at the top of the stairs add elegance and safety. There is ample storage throughout the upstairs from the linen closet to the lighted, climate controlled attic storage behind the closets.
The 9ft high-ceiling lower level is anything but an afterthought and provides exceptional mountain views with walk-out stamped concrete patio and easy yard access. The large main area offers flexibility with space for a den, studio, or guest retreat. Flexible track lighting, views to the outside, and white oak LVP set the tone. The full bath is a showstopper: radiant heated floors, floor-to-ceiling tile, and a stone knee bench. A dedicated workshop with exterior access, water softener, closet storage, and a 48-in sidewalk leading to the ground level patio and separate basement utility garage, ideal for motorcycles or lawn equipment, round out this level.
The home is completely self sufficient featuring a whole-house generator, 1000-gallon propane tank, 5-zone HVAC with remote thermostat controls, and security system. The laundry room is a dream: machines on pedestals, a laundry sink, and built-in storage. The truly oversized 2-car garage has space for outdoor hobbies and equipment and includes pull-down attic access for additional storage.
Surrounded by the natural beauty of the Blue Ridge Mountains, this magnificent home is a legacy property where every finish, system, and view has been thoughtfully considered. Properties of this caliber in WNC are few and far between. Schedule your private showing today.
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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