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3 Split Tree Road
About This Property
A dramatic double-height foyer welcomes you into sun-filled interiors with soaring ceilings, oversized rooms, custom moldings, large windows, and an effortless open floor plan. The chef's eat-in kitchen features marble countertops, oversized island seating, Wolf range with 2 ovens, Sub-Zero refrigerator and wine fridge, two Bosch dishwashers, and seamless access to the outdoor entertaining spaces. The adjoining family room impresses with cathedral ceilings, a stunning stone wood-burning fireplace, wet bar, and direct access to the deck with outdoor speakers.
The first floor also includes formal living and dining rooms, a private guest bedroom or office with en suite bath, mudroom, laundry, and two powder rooms. Upstairs, the luxurious primary suite offers tray ceilings, dual walk-in closets, and a spa-like bath with whirlpool tub, oversized shower, and dual vanities. Four additional spacious bedrooms, including two with en suite baths and two sharing a hall bath, plus a second laundry area complete the second level. The finished walk-out lower level includes a recreation room, gym, full bath, abundant storage, and direct access to the backyard and pool.
Additional highlights include a newer generator, electric car charger, Nest thermostats and exterior cameras, outdoor deck speakers, 3-zone hydro-air heating and cooling, and attached 2-car garage. The heated infinity-edge pool and spa were built in 2018 and resurfaced within the last three years.
Ideally located just minutes to Metro-North stations, shopping, restaurants, golf courses, parkways, and parks. Bus service to Scarsdale Middle School and Scarsdale High School is located directly in front of the home.
Photos and floor plans will be uploaded when ready.
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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.
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017