3160 SUMANTOWN ROAD
About This Property
The open-concept floor plan showcases red oak flooring, rich mahogany trim, a marble foyer, floor-to-ceiling brick fireplace, vaulted wood ceilings, and expansive picture windows that frame the surrounding landscape. Thoughtful architectural details are found throughout, including a dramatic entry feature wall, handcrafted railings, solid-core doors, custom millwork, and refined finishes at every turn.
The kitchen features high-end stainless steel appliances, a walk-in pantry, and sweeping views down the lane, creating a space that is both functional and elegant. The primary suite offers dual en suites, private patio access, and a serene sitting area overlooking the solarium, with convenient access to the laundry room. The finished lower level includes three additional bedrooms, a full bath, and an exceptional entertainment space complete with custom fireplaces, wet bar, beverage center, dart closet, and full-size refrigerator, with direct access to the two-story solarium-ideal as a greenhouse or year-round retreat.
Designed for both beauty and utility, the grounds were originally configured as an equestrian estate and include a three-stall barn, run-in shed, mostly fenced acreage, and multiple outbuildings including a spacious garage and workshop suited for hobbies, storage, or equipment. The land is currently tenant farmed for hay, providing agricultural tax advantages.
Offering rare versatility, privacy, and panoramic views, this estate is ideal for equestrian pursuits, hobby farming, or those seeking a distinctive property with space to live, create, and thrive. Showings are limited - please contact Cassandra to schedule.
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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