32400 EQUESTRIAN TRAIL
About This Property
Stepping through the front door, sweeping views of endless pasture and the sprawling resort-style pool serve as a backdrop to the living room through floor-to-ceiling glass doors leading to the pool deck. The expansive open-concept floor plan offers over 4,300 square feet of refined living space, including three bedrooms, an office, a movie room, and 4.5 bathrooms. Each bedroom is luxuriously oversized with its own en-suite bathroom and is tucked into its own private quarters for maximum comfort and privacy. The primary suite is a retreat of its own, adorned with plantation shutters, a wet bar, and a modern gas fireplace, while offering private views across the pastures. Its exquisite en-suite bathroom features dual walk-in closets, individual vanities with a powder station, an oversized soaking tub, and a four-head walk-in shower.
At the heart of the home, a custom-designed chef's kitchen showcases extensive quartz countertops, luxury Thermador appliances, and a charming bay window breakfast nook. Beyond the kitchen, this open living space seamlessly flows to an exceptional outdoor entertainment area complete with a fully equipped summer kitchen and pool bar, a designated pool bathroom, outside shower, and a saltwater pool enhanced by fountain features and dual sun shelves.
On the opposite side of the home, you'll find an extended 3-car epoxy-finished garage with a 50-amp RV hook-up and reinforced driveway, a spacious laundry room with a dog wash station, and two guest suites - one being a private in-law suite with a kitchenette and accessible bath. A set of plush-carpeted stairs then leads up to the blacked-out movie room equipped with luxury recliners and a surround sound system for the ultimate cinematic experience.
Beyond the main residence, the newly poured asphalt driveway continues toward a seven-stall stable with air-conditioned feed room, a 100 x 220 training horse arena, RV bay, oversized storage shed, and a secondary mini barn perfectly suited for your smaller, fluffy farm friends. The grounds are fully enclosed with classic four-board fencing. Additional thoughtful upgrades include a propane heater for the spa and electric heater for the pool and cooling system, a home generator, two tankless water heaters with a water softener system, drop-down screens for the covered poolside seating areas, Sonos surround sound throughout the home and pool deck, energy-efficient foam insulation, and so much more! This estate is just as exquisite as it is rare - see it before your fairytale dream home slips away!
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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