40
Map
22 Monticello Drive
About This Property
Upon entry, you will be enchanted by the grandeur foyer with soaring Vaulted Ceilings that grace the entire home, including the spacious full basement. Both upstairs and basement levels are easily accessible by dual staircases.
At the heart of this residence lies the gourmet custom chef's kitchen, which seamlessly connects to the family room, bathed in natural light and featuring an inviting gas fireplace. A butler's pantry facilitates effortless service to the formal dining room, while direct access to the elegant living room enhances convenience for entertaining. A separate laundry room/mudroom adds additional practicality. Guests will appreciate the private quarters, complete with a bedroom/office and full bathroom on the first floor.
On the upper level are four spacious bedrooms and three full bathrooms, including a primary and a junior suite, boasting luxurious en suite bathrooms and custom walk in closets. A dedicated home gym offers the perfect space for your fitness routine. The expansive driveway and two car garage provide ample parking and storage for all your needs, the addition of a new central ac unit (two years young) and natural gas is a fantastic bonus. With an Energy Star label and Anderson windows, this home promises both efficiency and sophistication.
Escape into your private backyard Oasis! This EXPANSIVE outdoor space is designed for entertaining! Picture yourself enjoying warm evenings on the wraparound porch or hosting gatherings amidst the lush landscaping that provides ample privacy. The charming pool house complements the Oversized Mountain Lake in ground saltwater pool, which features a newer pump and a captivating waterfall that enhances the serene atmosphere. For those who love to stay active, the yard includes a multi sport court for basketball, pickleball and tennis, as well as a batting cage and delightful pirate ship for the kids!
This residence combines unmatched elegance, modern amenities, and a fantastic location. Close to beautiful beaches and a variety of dining options and shopping, it perfectly blends relaxation with an active lifestyle. Situated within the Shoreham Wading River School District, it's an ideal home for families seeking a vibrant community and exceptional educational opportunities.
Don't miss your chance to make this exceptional property your own! Schedule your private showing today to explore everything this breathtaking home has to offer.
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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