3 Hodge Drive
About This Property
To the left of the foyer is the sizable formal living room, which features decorative moldings and French doors that lead into an expansive formal dining room. On the right, you'll find a large office with French doors. The heart of the home is the sun-soaked kitchen, featuring ceramic tiling, granite countertops, a large center island, and a stainless steel appliance package that includes a double oven, refrigerator, gas cooktop, dishwasher, and a microwave sitting in a built in nook in the island. The kitchen also offers a separate informal dining area and a wet bar, perfect for entertaining guests.
The family room, located just off the kitchen, seamlessly flows to provide an open concept. It features vaulted ceilings, a gas-burning fireplace, and skylights. Doors on either side of the brick fireplace lead out to a covered porch area, ideal for shaded relaxation. The first floor also includes a half bath, laundry facilities, and an added mudroom.
Upstairs, you'll find all four bedrooms, including the luxurious master suite. The master bedroom boasts a full walk-in closet with access to a small balcony. The master bath features double sinks, a large shower stall, and a beautiful soaking tub. The additional three bedrooms are generously sized and share a full bath located in the hallway.
The fully finished basement offers additional living space with a bonus room that can be used as an office or bedroom, a full bath, and ample space for a fitness area, playroom, entertainment space, or media room. Step outside from the kitchen onto the expansive deck, which overlooks a park-like backyard featuring a gorgeous heated inground pool. The stamped concrete surrounding the pool provides a patio and additional lounge areas.
Additional features of this home include an oversized two-car garage. Bridgewater is renowned for its excellent A-rated school system and is conveniently close to major highways (287, 78, and 22), shopping centers, and commuter access for those traveling to NYC.
Experience the perfect blend of elegance and comfort in this exquisite home. Schedule your showing today!
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Relisted | $1,300,000 | |
| Relisted | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by RE/MAX Central | $1,300,000 | |
| Listed by RE/MAX Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017