19812 SE Water Grass Drive
About This Property
This exceptional modern residence is a fully integrated, genius-level smart home, thoughtfully engineered with cutting-edge technology, automation, and elevated design at every turn. Set against a tranquil nature preserve with no rear neighbors, the home offers rare privacy, peace, and a lifestyle defined by effortless control and luxury.
From the moment you enter, soaring 13-foot ceilings, expansive 10-foot sliders, and walls of glass create a seamless indoor-outdoor experience-enhanced by whole-home electronic systems that allow you to manage lighting, climate, audio, window treatments, and outdoor features with ease. Every detail has been curated not just for beauty, but for intelligent living.
Outdoors, the property transforms into a fully automated resort environment, featuring a gas-heated pool, electronically operated pergola screens, misting systems, copper landscape lighting, multiple entertaining zones, and surround soundcreating a space that is as functional as it is unforgettable.
Even the garages are elevated to showroom level, offering a luxury 4-car setup fully finished and equipped for enthusiasts, collectors, and everyday convenience.
This is not simply a homeit is a high-performance smart residence, meticulously designed for those who value innovation, privacy, and seamless living.
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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