281 Judson Ridge Road
About This Property
The main level includes three spacious bedrooms and a dedicated office, with the primary suite privately positioned away from the guest bedrooms. This impressive retreat features a tray ceiling with ambient lighting, an oversized walk-in closet with custom built-ins, and a spa-inspired bath with dual vanities, a deep soaking tub, and an expansive walk-in shower. Above the garage, a generous bonus room easily serves as a fourth bedroom, recreation room, media room, or additional living space.
The open floor plan is anchored by a spectacular vaulted great room featuring a floor-to-ceiling stacked stone gas log fireplace, raised hearth, and a dramatic wall of windows framing the peaceful wooded backdrop. The kitchen is equally impressive with a large breakfast bar, gas range, stainless steel appliances, and a breakfast nook. Skylights bathe the formal dining area in natural light, enhancing the home's bright, airy atmosphere.
Step onto the covered rear deck, where the vaulted ceiling, recessed lighting, and tranquil forest views create an exceptional outdoor living space. The welcoming front porch captures seasonal mountain views and provides another inviting place to relax and enjoy the beauty of the surroundings.
The unfinished basement presents an incredible opportunity to expand the home's already impressive footprint. Plumbed for an additional bathroom, this level offers flexibility for multigenerational living, guest quarters, a recreation space, home gym, workshop, or potential rental accommodations. A second driveway provides independent access to an impressive 1,000+ sq. ft. two-car basement garage, complementing the two-car garage on the main level and providing exceptional space for additional vehicles, a workshop, hobbies, equipment, or storage. With four total garage bays and two driveways, the property offers a rare setup for car enthusiasts and collectors, as well as RV or boat owners looking for convenient on-site parking and storage options. The existing hot tub is already in place, providing the perfect starting point for an fabulous lower-level patio and outdoor entertaining area.
Situated on a beautifully maintained 1.36-acre homesite in a well-kept neighborhood, this 4-bedroom, 2.5-bath home feels like a private mountain retreat while remaining less than 10 minutes to everyday conveniences. With exceptional design, quality construction, room to grow, and an unbeatable combination of privacy and convenience, this is the kind of home that leaves a lasting impression the moment you walk through the door.
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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