284 Cutting Edge Drive
About This Property
Hidden Vistas: Views for Miles While you enjoy total 40-acre seclusion, your mountain-top potential is even greater than it looks. A bit of tree trimming will "unlock" the horizon, clearing the way for stunning, long-range views for miles from your poolside deck and primary suite.
The Home: Luxury Without the Stairs Step from the shop into 3,000+ sq. ft. of immaculate one-level living. This open-concept retreat features an open kitchen with new appliances and a cozy den with a wood-burning fireplace-all flowing directly out to your private in-ground pool.
Work in the vault. Relax by the pool. Own the view.
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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