35 Glades Way
About This Property
Step outside and feel an immediate sense of peace as you wander through the cottage style perennial gardens or relax in the charming tea house overlooking the secluded backyard. The outdoor space is a true haven, featuring a heated resistance plunge pool, hot tub, outdoor shower, and a stunning mahogany porch with dining buffet-perfect for entertaining or quiet reflection. These features not only create an aesthetically beautiful space but also support physical and mental well-being.
Inside, the home is rich with high-quality, custom architectural details that seamlessly blend original 1929 charm with modern upgrades. Throughout the first floor enjoy soaring 9-foot ceilings, as well as, stone, slate and hardwood flooring. The entire home consists of oak doors, intricate moldings, and built-in bookcases that showcase expert craftsmanship throughout. The kitchen boasts warm maple cabinetry, honed granite countertops, and stainless steel appliances-designed to be both functional and elegant.
The oversized 2.5-car garage offers a 220V car charger.
Additional premium features include, Radiant heat beneath stone and Indian honed slate floors, Rudd natural gas generator, basement dehumidifier and a kitchen sink with water filtration system, Central vacuum, Smart thermostats, and In-ground sprinkler system for convenience.
This truly special home is more than a place to live-it's a peaceful lifestyle retreat, blending timeless craftsmanship with modern wellness features. An extraordinary opportunity for those seeking a custom living experience that nurtures the soul.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017