357 OVERLOOK DRIVE
About This Property
Designed with flexibility in mind, the home features *two owner's suites*, including a spacious main-level suite-ideal for multi-generational living or private guest accommodations. The layout flows seamlessly from one beautiful space to the next, showcasing rich hardwood floors, a wall of Palladian windows that flood the home with natural light, and a gourmet kitchen with granite countertops and high-end finishes.
Downstairs, the fully finished walk-out lower level offers a complete second living space-perfect for guests, a home office, or an in-law suite.
Step outside to a brand-new private pier that invites endless waterfront fun-whether you're boating, crabbing, or simply enjoying the breeze off the river. There's also a 2-car garage and ample storage for all your gear.
Located in a quiet waterfront community, you're just minutes from local marinas and dockside dining. Whether you're paddling along the shoreline, grabbing dinner with water views, or setting sail for a weekend adventure, this home puts you at the center of it all. And yet, you're still close to local shops, schools, and commuter routes.
If you've been searching for a home that offers elegance, comfort, and the ultimate waterfront lifestyle-this is the one.
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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