353 Old Tennessee Highway NE
About This Property
Step inside the grand two-story foyer, where gleaming hardwood floors lead you to the elegant dining room with a coffered ceiling, private office, and an impressive two-story family room showcasing a stone wood-burning fireplace. The open layout continues into the breakfast area and gourmet kitchen, featuring a massive granite island, tile backsplash, stainless steel appliances, and a seamless view into the inviting living room with exposed wooden beams for added warmth and character.
The main-level primary suite serves as a true retreat, offering tray ceilings, an electric fireplace with a cozy sitting area, direct access to the back deck, and a spa-inspired bathroom. Enjoy a tiled shower, separate grand soaking tub, dual vanities, and an oversized custom closets complete with built-ins and an island for exceptional organization. A half bath and mud/laundry room complete the main floor.
Upstairs, you'll find four additional bedrooms-each with unique charm-along with two full bathrooms.
The terrace level offers even more room to live, work, and entertain with a second kitchen, media room, exercise room, abundant storage, and walk-out access to the backyard oasis.
Outdoors, the covered back deck overlooks your private paradise: a sparkling pool, hot tub, covered poolside pavilion, and stunning landscaping ideal for hosting family and friends.
Car enthusiasts, hobbyists, or business owners will love the attached 3-car garage a detached 4-car garage, plus a massive ~7,500 sq ft heated/cooled garage/workshop with room for multiple vehicles, equipment, or specialized use.
This extraordinary property offers luxury, privacy, and versatility at every turn-truly a rare opportunity to own a one-of-a-kind estate.
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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