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2238 Hiwan Dr
About This Property
Perched on a sprawling 3/4-acre lot and offering 360 panoramic views, this generously sized home provides the perfect balance of space and comfort. Featuring 5 bedrooms and 3.5 baths, 4 of the spacious bedrooms are conveniently located on the upper level, each offering a unique and awe inspiring mountain view.
The primary bedroom is a retreat of its own, boasting unobstructed views of the majestic Bergen Peak. Step onto your private balcony and bask in the tranquil surroundings.
This home has been tastefully updated throughout, ensuring a fresh and modern feel. Recent enhancements include all LVP flooring on the main level, new carpet, paint, hardware & fixtures since 2021.
Multiple living areas allow you to spread out offering versatility for a large home office, formal and casual living & dining areas and a light and bright sun room adjacent to the open concept kitchen and living area. The private walkout basement lives as it's own secluded area with a large bedroom, living room and en suite updated bath.
Entertain outdoors on your 5 composite decks surrounding the home including one plumbed for a gas bbq and your outdoor fire pit.
Rest easy knowing the home and pool area have been meticulously maintained. Notable improvements include a new boiler in 2018, rebuilt dehumidifier in the pool room, new concrete decking with anti-skid tile, freshly refinished cedar planks, a new mechanical safety cover, and a beautifully resurfaced pool interior.
Enjoy low monthly utility costs with fully pre-paid leased solar panels through 2032. Rest easy knowing there is no HOA!
This is an incredibly unique and special Evergreen home not to be missed, it is a must see to experience the ultimate in luxurious mountain living.
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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