20955 Rye Lane
About This Property
A grand custom entry featuring an elegant oval beveled-glass door with matching sidelights and an arched transom sets the tone for the quality found throughout. Inside you'll find soaring ceilings, Anderson windows, solid 6-panel blond oak doors, bamboo flooring, and a unique observation loft overlooking the main living area with sweeping views of the surrounding countryside. Multiple rooms feature programmable full-spectrum LED recessed lighting controlled from your phone or tablet.
Built with quality and efficiency in mind, the home features 2x6 construction, spray foam insulation, a backup generator, 400-amp electrical service, owned solar panels, and a whole-home Sonos sound system. The spacious floorplan includes 3 bedrooms, 2.5 baths, propane fireplaces, a storm shelter room, stairlift system, and a walk-out lower level with attractive epoxy-sealed decorative concrete flooring. No wall-to-wall carpeting.
The custom kitchen showcases solid maple cabinetry finished in striking Prussian Blue, soft-close drawers, hidden pull-out spice storage, oversized pot drawers, and a floor-to-ceiling pantry with accessibility shelving. A Vermont Quarries soapstone farmhouse sink is complemented by a hammered copper prep sink and beautiful maple butcher-block countertop. Cabinetry was originally designed to accommodate a future dishwasher installation.
Outdoor living is equally impressive with a heated saltwater inground pool, expansive patio, pergola, beautifully landscaped flower gardens, and peaceful country views in every direction. Whether entertaining guests or enjoying a quiet evening at home, the outdoor spaces were designed to be enjoyed year-round.
With six enclosed parking bays between the attached three-car garage and the separate three-bay shop complete with electric and HVAC, this property is ideal for hobbyists, car enthusiasts, entrepreneurs, or anyone needing additional workspace and storage. The acreage offers a blend of usable pasture and wooded areas, creating opportunities for recreation, livestock, gardening, or simply enjoying the privacy and beauty of country living.
A true four-season birdwatcher's paradise, abundant wildlife can be enjoyed from the home, observation loft, and surrounding grounds throughout the year.
This exceptional property delivers quality construction, energy-conscious features, resort-style outdoor living, and a lifestyle rarely found in one offering.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017