2 Park Drive S
About This Property
The architectural integrity of the home is evident from the grand entry foyer, leading to sophisticated formal spaces including a sun-drenched library/private home office, and an expansive living room designed for grand-scale entertaining. The heart of the home features a chef's kitchen with a bespoke breakfast nook and dedicated workspace, catering to modern lifestyle demands. Upstairs, the primary suite serves as a private sanctuary with a fireplace, complemented by three additional bedrooms and a separate guest wing.
The exterior is a true resort-style retreat, boasting a sparkling heated pool and a dedicated changing cabana, all framed by towering mature specimen trees for total seclusion. For the modern host, the property provides an expansive motor court and ample parking.
Perfectly positioned for a lifestyle of convenience and excellence, the estate is minutes from the vibrant downtowns of both Harrison and Rye, home to world-class shopping and incredible Michelin-recognized dining. Ideally located for the NYC commuter with swift access to both Harrison and Rye Metro-North stations. Close proximity to the nationally-ranked Harrison Central School District and elite private institutions. This property represents an unparalleled combination of club-side living, scale, and lifestyle convenience in one of Westchester's most coveted locations.
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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%.
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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