215 PINEY POINT LANE
About This Property
Tucked away on a private, wooded lot, this home is a peaceful retreat. The main level boasts a luxurious primary suite, while upstairs you'll find four additional bedrooms with charming dormer windows. The fully finished lower level includes a cozy bedroom with a full bath and a fireplace, ideal for guests or extended family.
The kitchen is a chef's delight, with stainless steel appliances, granite countertops, and elegant cherry cabinets. The sunken family room, framed by large windows that showcase the stunning water views, also features a fireplace for cozy evenings. Each bedroom is generously sized, providing comfort and privacy for all.
Outdoor living is a highlight, with multiple entertaining spaces that cater to every occasion. Enjoy the screened-in deck off the kitchen, the expansive deck off the family room, a covered tiki bar with a spa just off the lower level, and several platforms leading down to the private pier. Whether hosting intimate gatherings or large celebrations, this home is the ultimate waterfront entertainment destination.
If you're seeking a private, deep-water pier on a secluded, wooded lot with magnificent views, look no further-this is your dream waterfront home.
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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