2534 Masters Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by HomeSmart | $849,900 | |
| Listed by HomeSmart | |||
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Welcome to your dream home! This GORGEOUS 4-sided brick Ranch Estate, nestled on 2.2 acres of pristine land, offers the perfect blend of luxurious living and serene tranquility. Escape the hustle and bustle of the city while still enjoying the convenience of being just moments away from shopping, restaurants, and easy access to highways for a seamless commute.
Upon arrival, you'll be greeted by a meticulously maintained lawn and a private elongated driveway that gracefully splits to provide access to the backyard oasis. The main entrance, with its charming covered front porch and 2-car side entry garage, sets the stage for the grandeur that awaits within.
Step into the open foyer and immediately be captivated by the grand dining room that overlooks the vaulted great room. This inviting space features built-in bookcases, a cozy fireplace, and an entire wall of windows that flood the room with natural light.
The heart of this home is undoubtedly the chef's gourmet kitchen, boasting beautiful wood-grain cabinets, double ovens, and a spacious pantry. It seamlessly connects to the expansive sunroom, where two levels of gorgeous windows provide panoramic views of the outdoor paradise.
The main level includes a private primary suite that is generously oversized, complete with a sitting area, an expansive walk-in closet, double vanities, a soaking tub, a separate shower, a water closet, and accessible doors leading to the sunroom, ensuring an abundance of natural light. On the opposite side of the home, you'll discover two spacious guest rooms connected by a jack-and-jill bathroom. A convenient laundry room, featuring upper cabinets and a sink, adds to the main level's practicality.
Venture downstairs to the finished terrace level, which offers a separate living space complete with a full kitchen, a full bathroom, two additional bedrooms, and plenty of flexible space to accommodate your lifestyle needs. The home also features whole house central vac for easy cleaning!
Step out onto the covered back porch, complete with a delightful porch bed swing and a gas line for easy grill use – the PERFECT SPOT to unwind and take in the breathtaking views of your private sanctuary. A full-length patio off the walk-out basement leads to a beautifully maintained in-ground pool, ideal for cooling off on hot summer days.
But the amenities don't stop there! This property also includes a massive garage workshop with power and water hooked up, providing ample space for your hobbies and projects.
This hidden gem of a property truly has it all and is not to be missed. Your dream home awaits – come make it yours! There is an utility easement behind lot and nothing can be built behind this
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017