19 Hudson Avenue
About This Property
Florida custom home builders Bertino & Associates designed and developed a new masterpiece with no expense spared. Whether you are entertaining guests or relaxing with the family, this luxury home accommodates any gathering.
Filled with light, walls of sliders seamlessly allow a true Florida indoor/outdoor living experience. As you enter through the massive front doorway you are immediately drawn to the great room with its 10ft fireplace, voluminous ceilings and white oak floors that flow throughout the residence. continued..... The open kitchen is designed with a porcelain waterfall island and every up to date amenity including Thermador appliances and a large pantry. The main level continues with a formal dining room, executive office, climate controlled wine center, VIP guest suite, full laundry room and family entrance with lockers for all that families accumulate. The first floor Master is an oasis of luxury with French doors leading to the garden and pool. The extraordinary Master Bath is finished with Grohe fixtures (which are also throughout the home) separate vanities, spa tub and enormous steam rain shower. Full size slabs of porcelain and natural stone create a true spa style retreat.
Upstairs there are two spacious en-suite bedrooms and a huge game room/TV room with a bar for entertaining friends or enjoying family time. An expansive veranda overlooks the pool and creates yet another entertaining space.
The thoughtful attention to indoor detail extends to the elegant outdoors. Expansive covered patios encompass the pool and spa. A thoughtfully designed summer kitchen is conveniently located. Separate from the main house is the three car garage plus spacious storage room. Above the garage is a delightful guest house complete with all the necessities. 19 Hudson Street exemplifies beachside living at its finest. Located in the seaside town of Ocean Ridge, a five minute trip on A1A to Delray Beach, 15 minutes to Palm Beach, and five minutes to two marinas.
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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