32336 MARINERS WAY
About This Property
Featuring 4 spacious bedrooms and 3 full bathrooms, the home also offers a large, finished bonus room-ideal as a 5th bedroom, playroom, media room, fitness space, or versatile flex area with limitless potential. Multiple living spaces throughout provide room to spread out, entertain, and relax with ease.
Breathtaking water views surround you at every turn, with the most spectacular vantage point found in the all-season sunroom boasting wall-to-wall windows. Here, Mother Nature becomes your daily entertainment, offering serene sunrises, tranquil water scenes, and abundant wildlife.
The main level showcases hardwood floors and tile throughout, soaring vaulted ceilings in the great room, and 10-foot ceilings across the remainder of the level. A stunning dual-sided gas fireplace adds warmth and ambiance, while the spacious kitchen impresses with custom cabinetry, granite countertops, and stainless steel appliances-perfect for gathering and entertaining.
Outdoor living is equally impressive, featuring pergolas, an elevated deck overlooking Herring Creek, a private pool, and a storage shed for boating and pool equipment-designed for both convenience and enjoyment.
Located within a charming waterfront community of just 75 homes and a low HOA, this property offers an intimate neighborhood feel while preserving privacy and tranquility.
For anyone seeking exceptional water frontage and timeless quality, this is truly a must-see.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017