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3801 E Hidden Estates DR
About This Property
The heart of the home is the spacious living room, complete with a double-sided stone wood-burning fireplace that connects to the inviting kitchen and Den. Gorgeous hardwood oak floors flow throughout the main living areas, and fresh new carpet in all bedrooms adds a touch of comfort and style.
Enjoy your morning coffee in the breakfast area, or step outside onto the wrap-around covered patio-ideal for entertaining with a sparkling pool, a large stone fire pit with built-in seating, and twinkling tree lights creating a serene, resort-like atmosphere.
For those who enjoy a high-tech lifestyle, this home comes fully equipped with smart home features, including automation lighting with room control, emergency lighting at the touch of a button, and a state-of-the-art alarm system tied into the home's automation system. Central vacuuming, a Bluetooth-controlled hot water recirculating system, and a compressed air system throughout the oversized 3-car garage with a built-in workshop make daily living efficient and comfortable.
The home offers a 400 sq ft workshop-wired for power, fully insulated, and air-conditioned-ideal for hobbies or additional storage. An oversized walk-in attic provides ample storage space for seasonal items and personal belongings.
The lush outdoor space is perfect for relaxation or play, with plenty of room to stretch out and enjoy the tranquility of the property. The pool, resurfaced in 2023, offers hours of fun and relaxation, & the fully fenced backyard is an oasis for families, pets, and guests alike.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Listed by Douglas Elliman Real Estate | $1,950,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017