18623 BROOKE RD
About This Property
As you enter the property, cross the bridge, and follow the circular drive, you'll be greeted by the main house featuring the highest quality materials and exquisite details. The interior showcases real hardwood floors, custom window treatments, a gourmet kitchen with an oversized island and high-end appliances, a build-in work station, and a whole house audio system. The main level also includes a formal dining room, spacious family room with a gas fireplace, a primary bedroom with a recently remodeled luxury ensuite bath.
The upper level offers two private bedrooms, a flexible space with a Juliet balcony that could serve as another bedroom. The lower level is designed for entertainment, featuring a family room, wet bar, pool room, two bedrooms, and two full baths. A unique two-story atrium with a wall of windows, skylights, and a wood-burning stove adds a touch of natural warmth.
Step outdoors to discover multiple living, dining, and entertaining areas, including a wraparound covered porch, a back deck with a grill ,Second build in grill, cooking station, refrigerator, a slate and stone-covered living room with a fireplace, TV, and audio system, a playground, volleyball court, and more.
Adding to the property's versatility is a separate 48x30 four-car tandem garage with extra high ceilings, fully conditioned and including a half bath. Above the garage, a spacious two-bedroom, one-bath apartment offers endless possibilities – whether as an in-law suite, guest home, or rental income property.
Both properties come equipped with backup generators, ensuring uninterrupted comfort. and extensive storage.Stay tuned for more details on this extraordinary estate, where the possibilities are as endless as the natural beauty that surrounds it.
The property including both apartment & main house has 7 bedrooms,5 full and 2 half baths. garage parking for at least 6 cars. More details to come.
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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