18 Golf Course Drive
About This Property
This extraordinary property stands as a testament to modern design, where meticulous owners have spared no expense in creating a residence of unmatched elegance. The result is a stunning reconstruction completed in 2023 that embraces clean lines and an open floor plan, all executed with a commitment to using the finest materials available.
Montebello Pines is among the most prestigious neighborhoods in all of Rockland County. Set comfortably at the foothills of the Ramapo Mountains, "The Pines" boasts newer construction, breathtaking mountain views, expansive lots, and homes that exemplify architectural excellence. It is conveniently located only 45 minutes to NYC, but it feels like a world away.
This premium lot is situated at the beginning of a cul-de-sac offering complete privacy and no through traffic. Sitting on 1.2 acres with over 430' of frontage, you'll discover a place where lush landscaping and natural stone are masterfully interplayed to create a sensory overload of the surrounding beauty.
For more information, please be certain to click the virtual tour where you can enjoy the complete photo gallery, luxury video tour, floor plans and interactive walkthrough. Additional Information: Amenities:Dressing Area,Guest Quarters,Marble Bath,Soaking Tub,Storage,ParkingFeatures:3 Car Attached,
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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