3694 LANDMARK RD
About This Property
Extraordinary property in the highly desirable location between Middleburg and The Plains. 64
acres on a lake in two parcels and extensive Little River frontage. Elegant French Country stone home
with a slate roof overlooks the stunning lake from almost every window. Lovely boxwood
gardens and perennial beds. Very well-appointed home with large rooms for entertaining and
an elevator. 5 bedrooms, including two large suites with balconies, provide great privacy and ample space on
all 4 levels. Full compound includes a large pool with spa and spacious pool house, pavilion, tennis court,
gazebo, barn with two apartments, equipment building/garage and 2 generators. Very
special property. Impeccably maintained. All major systems updated. Open fields and rolling
pasture with extensive wooded trails in prime Orange County Hunt territory.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2023 | In contract | - | |
| In contract | |||
| Jun 26, 2023 | Price Decreased |
$4,900,000
↓ $400K
(7.6%) | |
| Price Decreased | |||
| Jun 6, 2023 | Price Decreased |
$5,300,000
↓ $700K
(11.7%) | |
| Price Decreased | |||
| May 9, 2023 | Listed by Sheridan-MacMahon Ltd. | $6,000,000 | |
| Listed by Sheridan-MacMahon Ltd. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017