60
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38470 Amateur
About This Property
From the moment you step through the front door, you're welcomed by grand formal living and dining spaces, elegant crown molding, custom baseboards, and a striking built-in aquarium that immediately sets this home apart. Natural light pours throughout the open-concept floorplan, while automatic window shades add both convenience and sophistication at the touch of a button.
At the center of the home is a chef-inspired kitchen that seamlessly connects to the expansive great room, creating the perfect setting for entertaining guests or enjoying everyday moments with family. Upstairs, a large bonus room has been transformed into a private home theater, offering the ultimate movie-night experience, yet easily convertible into a potential 5th bedroom, game room, gym, or creative flex space depending on your needs.
One of the secondary bedrooms is currently utilized as a private office, ideal for today's remote work lifestyle. Additionally, the highly desirable next-generation style layout offers incredible versatility for multigenerational living, in-laws, guests, or young adults seeking independence, complete with its own separate entry to the home for added privacy and convenience.
The spacious primary suite serves as a luxurious retreat with ample room to unwind and recharge after a long day. Step outside to your own private tropical-inspired backyard featuring a sparkling pool, rejuvenating spa, and multiple areas to relax or entertain year-round.
Additional highlights include the top-of-the-line Savant Smart Home System, allowing you to control features of the home directly from your phone, and a premier location directly across from the community's scenic catch-and-release lake.
Conveniently located with easy access to nearby shopping, dining, golf, and just a short drive to Palm Springs and Palm Desert, this home offers the perfect blend of everyday comfort and resort-style living. Opportunities like this rarely come along. Welcome home.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017