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181 Arbor Crest
About This Property
Step into elegance with this sun-drenched 4,000 sq ft contemporary, showcasing 4 bedrooms plus generous bonus room and updated 3.5 baths, with a full finished basement and walkout. Soaring ceilings, oversized windows, crown moldings, recessed lighting, a fireplace and gleaming hardwood floors create an airy, open and welcoming ambiance throughout. The showpiece kitchen is a chef's dream, beautifully updated with cambria quartz countertops, plentiful cabinetry, recessed lighting, a spacious pantry, gas stove, and stainless steel appliances. A sliding glass door leads to a large entertaining deck overlooking manicured landscaping and a handsome stone retaining wall-perfect for gatherings under the stars. The luxurious lower level offers a full suite of amenities: a bedroom and full bath, private office, workout area, family/media room with mini bar, and walkout to a stunning Unilock patio. Peace of mind comes with newer central air, newer roof, above-ground oil tank, and a two-car garage. Nestled in the sought-after Green Briar community, residents enjoy a resort-style lifestyle with pool, tennis, pickleball, clubhouse, and playground. All just minutes from town, grocery DeCicco's, schools, shopping, restaurants, trains, and major highways for an effortless commute. A glamorous retreat, move-in ready and waiting to welcome you home.
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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