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3547 Province Drive
About This Property
Inside, light fills a stunning great room beneath double 14-foot tray ceilings with matching wood insets and rich hardwood floors. Eight-foot pocket sliders fold away to reveal a screened, heated saltwater pool and hot tub with three waterfalls and a beach entry, while an entertainers summer kitchen with gas grill, TV and a replaced outdoor refrigerator extends the living space outdoors. Recent hardscape improvements a new paved flex area adjacent to the screened patio, a rebuilt backyard fireplace with paved seating and a sealed paver walkway, a covered gazebo with paver flooring, decorative rock beds, and a custom putting green create a resort-like backyard oasis.
The gourmet island kitchen is finished with top-of-the-line custom cabinetry, quartz countertops and a walk-in pantry, flowing seamlessly to formal and casual areas. The office is thoughtfully appointed with custom built-ins, a desk and a dedicated storage closet, and guest bedrooms offer custom closets and high-end carpet. The master suite is a serene retreat, appointed with custom California closets, a walk-around shower with dual heads and seats, a freestanding tub, and plantation shutters throughout for refined privacy.
Practical upgrades and recent replacements make this home genuinely turnkey: a 2025 refrigerator, custom hanging rack and shelving in the laundry, upgraded shower fixtures in every bath, upgraded light fixtures and ceiling fan in the living area, and a new pool pump and heater installed within the last six months. From curated storage and custom finishes to expansive indoor-outdoor living and meticulous landscaping, this lakefront residence delivers luxury, comfort and lasting quality in every corner.
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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