27 Millennium Drive
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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | In contract | - | |
| In contract | |||
| Aug 2, 2023 | Listed by Smires & Associates Bordentown | $1,199,000 | |
| Listed by Smires & Associates Bordentown | |||
| Jul 21, 2023 | Listed by Smires & Associates | $1,250,000 | |
| Listed by Smires & Associates | |||
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Welcome home to this stunning home with countless upgrades, that leaves no detail untouched in the highly sought after Forest Edge neighborhood in Mansfield Township. As you enter the two-story grand foyer, you'll be captivated by the exquisite Venetian plaster, wrought iron railings, a dazzling chandelier & the convenience of two coat closets. Off to the right, a sophisticated Parlour room awaits, boasting crown molding & billiards table & stunning Australian Beachwood flooring throughout. Entertain guests with elegance in the dining room, complete with custom chandelier, crown molding & chair rail which flows seamlessly to your gourmet kitchen. The kitchen is a chef's dream! Featuring full eat-in capability, Thermador Range, Double oven, custom cherry cabinets, double beveled edge granite countertops, a travertine backsplash, wine fridge, & a large center island with seating, a space the entire family is sure to congregate. Additional highlights include double pantries, stainless steel appliances (all installed within the last five years), upgraded lighting fixtures, & beautiful tile floors. Adjacent to the kitchen & through a custom archway, the heart of this home is the impressive two-story great room offering a cozy gas fireplace, skylights & large windows which floods the room with natural light, recessed lights, & a built-in sound system, setting the perfect ambiance for any occasion. Need a quiet workspace? The first-floor office offers versatility with its crown molding & a walk-in closet creating the ability to be a fifth bedroom. Head upstairs to discover the spacious primary suite, boasting tray ceilings, recessed lighting, & plush carpeting. The crown jewel is the homeowners newly renovated sitting room & custom closet transformation. This area features a large dressing area, double walk-in closets, a shoe & handbag display area as well as a separate make up vanity area including cherry cabinetry & additional built-ins. The ensuite bathroom provides a luxurious retreat with a stall shower, soaking jet tub, water closet, & a dual vanity adorned with cherry cabinets. A second bedroom awaits, designed as a princess suite, complete with a large closet featuring custom built-ins, hardwood floors, a bay window with storage, recessed lighting, & an ensuite with a tub. The third & fourth bedrooms offer hardwood floors & generous closet space with custom built-ins. The hall bathroom features a dual vanity, linen closet, & a soaking tub. Escape to the backyard oasis, where an outdoor kitchen awaits with a dedicated gas line for the grill, outdoor rated refrigerator, sink, & granite countertops. The patio, adorned with brick pavers, provides plenty of seating areas for outdoor gatherings. Enjoy the in-ground heated, saltwater pool, boasting a newer liner (2018), a custom waterfall feature, & stamped concrete. Impeccably maintained landscaping & hardscaping surround the property, which also includes a playset, shed, sprinkler system, & an invisible fence in both the front & back yards. Discover the fully finished basement, an entertainer's paradise, offering approximately 1,600 sq. ft. of living space plus ample storage space. The basement boasts a full wet bar with custom cabinets, 18x18" tile flooring, & two refrigerators. A side bar with granite countertops & backsplash, warming drawer & additional cabinets provides convenience & style. Enjoy movie nights in the impressive theatre room, complete with a 4K Sony projector, 120" screen, stadium seating, two closets, & a stunning 280-gallon fish tank. Stay active in the gym room or relax in the game/play area. The basement also features a half bath for added convenience. This remarkable home includes an attached three-car garage & a laundry room with access to both the garage & the backyard for convenience and a Whole House Generator. Prepare to be amazed by the countless upgrades & luxurious amenities this property offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017