230 Cliff Fern Point
About This Property
Boasting three spacious bedrooms each with its own bath, an office, a keeping room, and a workshop, this approx. 4300 sq. ft. residence caters to both comfort and functionality. The grandeur of the home is evident in the cathedral ceilings of the great room, adorned with a stack stone fireplace. Remodeled kitchen includes double oven, with one in the island. The all-weather screened-in porch room (designed by Wayne Bruce), fully insulated and featuring its fireplace, provides a serene space to enjoy the outdoors year-round.
The Northern exposure ensures a picturesque sunrise each morning. The terrace level adds to the allure with a spacious entertainment room, two additional bedrooms, and the convenience of a workshop.
Situated at the end of a peaceful cul-de-sac, this home offers tranquility and privacy. Revel in the stunning views, creating a serene and idyllic retreat for those seeking a blend of luxury, nature, and convenience.
Buyer to verify all information and dimensions deemed important.
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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