20 Edgemont Circle
About This Property
This exquisite 5-bedroom home boasts a spacious 3-car garage including 800 square feet of storage. The spectacular fenced in half-acre yard features a built-in stainless steel side-by-side charcoal and gas grill, and a large patio perfect for entertaining. This inviting space, which has hosted family baby showers, bridal showers, and even a wedding, is complemented by a large deck extending from the kitchen that overlooks the professionally landscaped yard. Inside, the generously proportioned living room is bathed in natural light from its cathedral ceiling and skylights. Step into the open formal dining room and well-designed kitchen, featuring a large square granite island with seating, perfect for gatherings. The primary bedroom, with an ensuite bathroom featuring radiant heated floors and a steam shower, along with two additional bedrooms and hall bathroom, complete the first level.
The lower level offers a cozy family room with a gas fireplace and sliding doors to the patio, a spacious bedroom, an au pair bedroom, bathroom, and a large den currently used as an exercise room. Gleaming hardwood floors, refinished last year, extend throughout the home, enhancing its warm and inviting atmosphere. Designed for enjoyment, this home is perfect for creating lasting memories in an amazing community. Additional Information: Amenities:Steam Shower,ParkingFeatures:3 Car Attached,
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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.
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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