33100 Ridgeview Loop
About This Property
Main level has floor to ceiling stone fireplace surround, office, formal dining area, substantial mud room with a 2nd laundry area, new LVP flooring, high ceilings, & an attached 4 vehicle garage. Kitchen includes a Thermador professional gas range/double oven/fryolator, beautiful cabinets, large slab quartz counters, tasteful back splash, and dinette area. Upper level has a sizable primary suite, 3 more bedrooms, 3 bathrooms, and laundry room. Large primary suite has lots of natural lighting with spectacular views, 5 piece bathroom, 2 spacious walk-in closets, tile floors with an inset pattern, & crown molding. Finished walk out basement is equally impressive with an exercise room, theater room, 2nd family room with a wet bar, and spa like bathroom. Exterior is a great relaxation area with front and back covered patios, fire pit, professionally landscaped with trees, rock walls, gardens, and fenced. Additional buildings include a guest house, and second garage/work shop with barn. Guest house has complimenting upgrades including 2 bedrooms, 2 bathrooms, kitchen, bath, fireplace, and a living room that walks out to the mountain facing deck. Detached garage has heat, electricity, water, seal coated floors, high ceilings. Barn w/2 horse stalls, tack room, and horse fencing. New roof on all 3 buildings-2024. New exterior paint-2020. Garage is wired for EV. Community features 13 miles of equestrian trails, extensive walking paths, and approved chickens are permitted.
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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