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29 Cotswold Drive
About This Property
Inside, original quarter-sawn oak floors with a natural finish flow throughout, complemented by a cozy wood-burning fireplace in the living area, perfect for relaxing evenings. Anderson sliding glass doors (installed 2022) open to a private deck, framed by wild raspberry vines cascading over a stone wall, creating a tranquil retreat. The professionally landscaped lawn showcases a rare yellow magnolia "Lois" shade tree, developed by the Brooklyn Botanical Gardens, alongside dogwood, Japanese maple, and pine trees. Vibrant flower beds with hydrangeas, peonies, and more add seasonal charm. The property backs onto protected, densely wooded forest land, part of North Salem's 2009 open-space plan, ensuring privacy and natural splendor.
The remodeled kitchen (2008) is a chef's dream, featuring handmade ceramic backsplash tiles from Pratt & Larson, a checkerboard floor of white marble and black granite tiles, and a custom stainless steel countertop with a seamlessly braised Blanco sink by Danbury Sheet Metal. Black quartz composite countertops and custom Omega Cabinetry with quarter-sawn oak doors and Sun Valley Bronze pulls offer both style and functionality. Bosch appliances and a custom window seat with cushions complete this inviting space. Elegant Tech Lighting pendant fixtures illuminate the foyer and dining area, enhancing the home's warm ambiance.
Additional features include a spacious two-car garage, a full basement for ample storage, and thoughtful updates throughout. With its refined craftsmanship, serene setting, and practical amenities, 29 Cotswold Dr is a rare gem in North Salem. Schedule your private tour today to experience this exceptional 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017