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2 Spring Hill Road
About This Property
Designed for both entertaining and everyday living, the home boasts formal living and dining rooms, a gourmet eat-in kitchen, private home office, and a warm limestone wood-burning fireplace. The finished basement with 9-foot ceilings provides expansive additional living and recreation space, plus another full bathroom. Additional features include Generac propane generator with buried in ground propane tanks.
Rear sliders bring you to a well appointed backyard retreat featuring a bluestone patio, in-ground pool with waterfall and beautifully landscaped grounds offering ultimate privacy and custom brick work. additional highlights include a 3-car garage and generously sized rooms throughout. A rare opportunity to own a remarkable estate-style home combining luxury, comfort, and privacy in one of Suffolk county's most exclusive neighborhoods. Taxes include the Village of Nissequogue
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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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About Nissequogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017