38 Brevoort Lane
About This Property
Just moments from the Long Island Sound, the property unfolds into a stunning, fully enclosed backyard designed for both relaxation and entertaining. Enjoy a resort-like setting complete with a heated inground pool, hot tub, pergola, built-in barbecue, and multiple seating areas-all embraced by mature, meticulously maintained landscaping for ultimate privacy. Inside, the home showcases thoughtful updates and timeless appeal. The main level features beautifully refinished hardwood floors, two living room spaces with fireplaces, and access to a fully enclosed sunroom. The eat-in kitchen is appointed with updated appliances, a spacious pantry, and effortless access to both the rear and side yards-creating a seamless indoor-outdoor flow ideal for entertaining. Upstairs, partial water views complement a luxurious primary suite with multiple sitting areas, a large walk-in closet, and a well-appointed en-suite bath. Three additional bedrooms and two full bathrooms complete the second floor. The walk out lower level adds additional finished recreation space as well as a fourth full bathroom and laundry room.This exceptional property presents a rare opportunity to experience refined coastal living in one of Rye Neck's most desirable enclaves.
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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