2609 Meander Cove
About This Property
The main level features an open concept with soaring 20' plus ceiling in the Family Room with large pocket sliders for the ultimate view and featuring motorized blinds. The Gourmet Chef Kitchen with premium GE Cafe Professional Series gas appliances including the French Door wall oven combo, designer hood, brushed gold fixtures, and a large quartz island with bull-nose edging, accompanied by a large breakfast nook area large enough for a dining room table, with direct access to lanai.
The formal dining space features a pass-through dining area for both display and convenience; perfect for entertaining. To the front of the home is an executive office with double French doors, the first of 2 half baths and a single car adjacent garage, perfect for the car collector or just storage. The other side of the home features a large laundry with custom cabinets and an additional 2 car garage.
The first-floor owner's suite is a luxurious oversized retreat, boasting pool and water/conservation views, as well as a luxurious bathroom with dual quartz countertops, herringbone tile, and an oversized frame-less shower, as well as a custom walk-in closet.
As you make your way up the arched stairs, you are blessed with stunning views from large upper windows which are pre wired for electric blinds, and overlooking first floor. Upstairs, you will find a HOME THEATER ROOM designed for the best sound acoustics and lighting effects (can be used as bedroom 6), as well as a generous GAME/BONUS room with stunning water views. There are 3 additional large bedrooms, an en-suite with full bath, along with the remaining 2 with a jack and jill bath, dual sinks and custom tile shower. The 2nd half bath of the home serves upstairs guests
The highlight of the home is the panoramic screened lanai overlooking the water, complete with a large heated pool and spa with beautiful waterfall features, and a top-of-the-line outdoor kitchen. The home is equipped with a security monitoring system, complete surround sound speakers, NEMA fast charge electrical car outlet, and a WHOLE HOUSE 24KW BACKUP GENERATOR.
In addition to the exceptional features of the home, residents of River's Edge have access to a host of amenities at The River Club including resort-style pool, sports field, playground, tennis courts, pet parks, and more; there is something for everyone to enjoy in this thriving community.
This exceptional home offers the ultimate in luxury living and entertainment, and I invite you to schedule a viewing to experience all that it has to offer. Don't miss this opportunity to make this exquisite property your new dream home.
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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 16, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Price Decreased |
$1,470,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Aug 3, 2024 | Price Decreased |
$1,475,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
| Jun 5, 2024 | Price Decreased |
$1,500,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017