3 Shady Road
About This Property
Step into the bright and inviting foyer, where sunlit living spaces are designed for both formal and casual gatherings. The spacious living room, formal dining area, and cozy family room create a warm and welcoming atmosphere. At the heart of the home, the chef's kitchen is a dream for culinary enthusiasts and entertainers alike, featuring sleek cabinetry, premium appliances, a generous pantry, an expansive island, and an additional eat-in area. And, if the easy commute to NYC wasn't convenient enough, a dedicated home office provides the perfect work-from-home setup.
Upstairs, the expansive primary suite offers both luxury and comfort, featuring a spa-like bath, an oversized walk-in closet with convenient in-closet laundry, and additional private storage. Three generously sized bedrooms provide ample space and versatility, sharing a beautifully designed full bath with elegant finishes. The home currently offers 2.5 baths, with the potential for a fourth full bathroom, already pre-plumbed in the lower level for easy expansion. The lower level provides exceptional flexibility, boasting expansive recreation space and ample storage.
Meticulously maintained! Recent upgrades include new heat pumps (2022), a brand-new roof (2024), updated landscaping (2022), and a newly paved driveway (2023). Additional highlights include a generator hook-up with the ability to power select utilities, such as the refrigerator or heating system, rather than the entire house. Other features include a central vacuum system, a burglar alarm with motion sensors, and thoughtfully designed living spaces throughout.
Conveniently located near trains, shops, and more-don't miss this incredible opportunity to call the heart of Ardsley 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