23 HEATHER LN
About This Property
plan that caters to everyday living and elegant occasions alike. Bright white walls and
refinished wood floors offer a gallery-like backdrop for prized art and furnishings, while
sky-high clerestory windows welcome in natural light. The great room and dining room
flow together as one with a tall brick fireplace commanding attention and adding
ambiance. Woodsy views and expanses of smooth Carrara marble inspire a calm
morning mindset in the renovated eat-in kitchen, while a wine fridge and chef-approved
brands such as Sub-Zero and Wolf are a testament to the level of quality found
throughout the home. A few steps down, a family room and a gym or office open directly
to a paver patio for a bit of that West Coast indoor/outdoor lifestyle everyone craves. A
full bath ups the flexibility of this bright level. High ceilings, big windows and ample
closet space are perks enjoyed by all 4 bedrooms. Two share a bath across from the
updated laundry room, while 2 have baths en suite. Over the last few years, a range of
improvements, many of which are imperceptible, have vastly increased the comfort,
efficiency and usability of this of-the-moment Contemporary, which is now right at home
on a woodsy lane in a quiet corner of Princeton favored by those who cherish natural
beauty and privacy. At 1.38 acres with majestic trees showering the lawn in sun-dappled
light, the lot is large enough for any outdoor pursuit, yet this magical setting is
surprisingly close to a selection of private schools, golf courses, hiking trails and daily
shopping needs. Simply put, it's the best of both worlds!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $1,275,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
| Nov 16, 2015 | Sold | ||
| Sold | |||
| Mar 27, 2015 | Listed by Callaway Henderson Sotheby's I | $875,000 | |
| Listed by Callaway Henderson Sotheby's I | |||
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This unique and stylish contemporary is all about maximizing light and space while four levels take advantage of the gentle sloping lot and magnificent wooded grounds. Vaulted ceilings and an abundance of strategically placed picture windows can be found in almost every room including four full baths. Let's begin with location - tucked far back from the Great Road, then down a generous drive with plenty of parking in addition to the two-car garage. A slate walkway takes you to the front door and into a tiled foyer. Off to one side hardwood floors lead you through the spacious living area with high vaulted ceiling and floor-to-ceiling brick, wood burning fireplace and back into the formal dining room ? a lovely open area that can host a gathering of friends and family. Hardwood floors can be found throughout most of the home excluding the kitchen and lower level rooms. A discreet pocket door off the dining room opens into the roomy eat-in kitchen and breakfast area featuring a second wood burning fireplace and large glass slider out to the deck and back yard. Antiqued cream cabinets and lots of counter space provide plenty of storage and work area while a bank of three windows over the sink provide panoramic views. Exit the breakfast area to a set of stairs to the 2nd level set of bedrooms, shared full bath and laundry room. Another set of stairs up takes you to the top level where the Master Bedroom and 4th bedroom reside, each with their own full bath. Two rooms currently used as private offices can be found at the lower ground level - each having their own closets and large sliders out to the back. A shared full bath makes this area ideal for short or long-term guests.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017