2031 INDIAN CIRCLE
About This Property
Boaters will love the 60' x 20' slip with 12 feet of water depth, 15,000-lb boat lift, two jet ski lifts, electric and water at the pier, and protective riprap shoreline. The grandfathered large pier platform is also an added bonus. Whether you're docking, fishing, or simply enjoying the view, this property delivers.
Enter the home through a charming patio-style entrance. To the left, you'll find a functional mud/laundry room with sink, storage, and access to the four-car garage. A half bath is conveniently located nearby.
The kitchen is a chef's delight, boasting upgraded cabinetry, quartz countertops, stainless steel appliances, and sweeping water views. It flows into a massive living room anchored by a wood-burning fireplace with a stunning brick surround and direct access to the stone patio overlooking the creek.
The main level features three generously sized bedrooms, including a luxurious primary suite with expansive water views, and an updated hall bath just off the foyer. The primary suite is quite sizable and comes equipped with a walk-in closet, as well as a well appointed ensuite bathroom with tile floors, a tiled shower, and a single custom vanity with an upgraded vanity top.
Downstairs, the expansive basement offers an incredible 37x40 flex space, a wet bar with granite countertops, a wood-burning fireplace, a full bath, and a large bedroom with two closets-perfect for guests or multi-generational living.
Step outside to paradise-an awesome pool house featuring a fairly new hot tub, wet bar with full fridge, an ice machine and a serving window-perfect for entertaining. The saltwater liner pool is diving board depth, includes a slide and is the centerpiece of this private outdoor oasis.
Additional features include a whole-house generator, a 59-gallon high efficiency hot water heater, a BAT septic system, and a 4 car attached garage offering even more functionality.
At this price, in this location, with these amenities-this opportunity won't last. Schedule your private showing today!
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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