215 Cushetunk Drive
About This Property
The house makes a dramatic appearance when driving up the curved driveway, passing a wooded area through which a stream runs most of the year. The striking facade is constructed with hand-charred Shou Sugi Ban, a Japanese method that creates a weather resistant, timeless and maintenance-free siding. The juxtaposition of blackened wood, the large glass doors, and the galvanized metal on three sides of the home create a satisfying trinity of textures. A red post on the primary bedroom deck is a nod to the principles of Feng Shui. To the side is a pavilion that provides ample cover for vehicles and outdoor toys and as a great spot for dinner parties.
Entering the house up the sculptural rock steps and into the yellow front door, silver birch limbs-harvested from the property-create a textured screen, offering a gentle transition into the open-concept living space. Here, you can prepare meals in the well-equipped kitchen while conversing with guests and gazing out at nature through the expansive sliding doors. The space, with 11-foot ceilings at the peak, allows for various seating and dining configurations. Another set of sliding doors leads out to a large rear deck facing west, perfect for enjoying sunsets, with cable railings that maintain the sense of openness.
The primary suite features a walk-in closet, a private porch to enjoy the morning sun, and a luxurious wet room with a striking tile design, a wall and doorless rain shower, heated floors, and a decadent designer tub. The secondary bedroom is accessed through a sliding barn door and is en suite to another lovely bathroom with a heated floor.
Descending the spiral staircase to the voluminous lower level, you'll find a space with French doors to the outside, high ceilings, its own bathroom, and LVL flooring. This versatile area is ideal for a range of activities-from a game room to a screening room, library, or general hangout space. From here, you can step outside to the yard for daytime games or evening s'mores around the firepit.
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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 29, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Country House Realty Inc | $639,000 | |
| Listed by Country House Realty Inc | |||
| | |||
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Tao House was lovingly constructed with the Eastern philosophical concept of balance foremost in mind. Balance in both form and function. The layout balances the two bedrooms at either end of the home with the central kitchen and living area. When constructing the home, emphasis was placed on efficiency and having a very low demand on precious energy resources. No fossil fuels are used and the entire home envelope has been foam insulated with 10" thick walls. The house makes a dramatic appearance when driving up the curved driveway, passing a wooded area through which a stream runs most of the year. The striking facade is constructed with hand-charred Shou Sugi Ban, a Japanese method that creates a weather resistant, timeless and maintenance-free siding. The juxtaposition of blackened wood, the large glass doors, and the galvanized metal on three sides of the home create a satisfying trinity of textures. A red post on the primary bedroom deck is a nod to the principles of Feng Shui. To the side is a pavilion that provides ample cover for vehicles and outdoor toys and as a great spot for dinner parties. Entering the house up the sculptural rock steps and into the yellow front door, silver birch limbs harvested from the property create a textured screen, offering a gentle transition into the open-concept living space. Here, you can prepare meals in the well-equipped kitchen while conversing with guests and gazing out at nature through the expansive sliding doors. The space, with 11-foot ceilings at the peak, allows for various seating and dining configurations. Another set of sliding doors leads out to a large rear deck facing west, perfect for enjoying sunsets, with cable railings that maintain the sense of openness. The primary suite features a walk-in closet, a private porch to enjoy the morning sun, and a luxurious wet room with a striking tile design, a wall and doorless rain shower, heated floors, and a decadent designer tub. The secondary bedroom is accessed through a sliding barn door and is en suite to another lovely bathroom with a heated floor. Descending the spiral staircase to the voluminous lower level, you'll find a space with French doors to the outside, high ceilings, its own bathroom, and LVL flooring. This versatile area is ideal for a range of activities from a game room to a screening room, library, or general hangout space. From here, you can step outside to the yard for daytime games or evening s'mores around the firepit.
| |||
| Nov 15, 2017 | Sold | ||
| Sold | |||
| Jul 14, 2017 | Listed by Country House Realty Inc | $54,000 | |
| Listed by Country House Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017