3937 Medicine Hat
About This Property
Upon entering, you're greeted by an inviting open floorplan that seamlessly blends elegance and functionality. The home boasts exquisite white oak flooring throughout, lending warmth and character to the space, while the soaring ceilings and abundant natural light create a bright, airy atmosphere. The thoughtfully designed layout provides an ideal balance of formal and informal living areas, making it perfect for both entertaining and everyday living.
The chef's kitchen is a true centerpiece, featuring top-of-the-line appliances, custom cabinetry, and a large island for meal preparation or casual dining. Adjacent to the kitchen, the spacious living room offers views of the stunning backyard oasis. A dedicated media room provides the perfect space for movie nights or immersive entertainment experiences.
The luxurious primary suite is a true retreat, complete with a custom-designed walk-in closet that provides ample storage and organization. The upgraded primary bath exudes spa-like tranquility, featuring an oversized walk-in shower, a freestanding soaking tub, and dual vanities, offering a serene space to unwind after a long day.
Step outside into the expansive backyard, where you'll find a large covered patio, ideal for alfresco dining or simply relaxing while enjoying the picturesque views of the surrounding hill country. The sparkling pool serves as the focal point of the outdoor living area, providing both a refreshing escape and a beautiful setting to take in the natural beauty of the greenbelt. With privacy as a top priority, this outdoor space is perfect for enjoying the quietude of your own personal oasis.
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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 |
|---|---|---|---|
| Jan 15, 2025 | Listed by Kuper Sotheby's Int'l Realty | $1,285,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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About Leander
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017