32382 Meadow Mountain Rd
About This Property
A great bonus is the 1121 square foot Private Guest Quarters that sits above the garage, while still being connected to the main house by a private hallway. These Quarters maintain the Rustic Mountain Charm, which is a departure from the main house design.
The barn down below, which has been converted to a workshop and game area, could be converted back to a three stall horse barn.
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by LIV Sotheby's International Realty | $3,000,000 | |
| Listed by LIV Sotheby's International Realty | |||
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This is a Dramatic and Stunning Mountain Home that is positioned perfectly on 5.5 private acres within Soda Creek, epitomizing the Evergreen lifestyle. The open meadow greets you and the circular driveway delivers you to an Exceptionally and Completely Renovated home that defines high style modern flair with touches of natural elements. Attention to details permeates all the design decisions and most notably allowing form to follow function for easy and organized living. Open concept floor plan allows the living, dining and kitchen to be integrated. The focal point of the living room is a stacked stone fireplace that reaches to the pinnacle of the vaulted ceiling. Access to a deck with views completes the easy mountain living. Renovated floors include Sebastian French Oak in major portions of the house. The large kitchen displays a 12X6 ft White Quartz island and Custom Rifted White Oak cabinetry. The Primary Suite is quite the refuge from a busy life with a fireplace and deck and a primary bathroom that is exquisite...you really have to see it to appreciate the layout and use of space and finishes...with the soaking tub, unique walk in shower, double sinks and abundant closet. The four additional bedrooms in the main house are all updated, as are the bathrooms.
A great bonus is the 1121 square foot Private Guest Quarters that sits above the garage, while still being connected to the main house by a private hallway. These Quarters maintain the Rustic Mountain Charm, which is a departure from the main house design.
The barn down below, which has been converted to a workshop and game area, could be converted back to a three stall horse barn.
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| Mar 27, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed | $2,385,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017