3960 Elysian Woods LANE
About This Property
Beautiful 5 bedroom, 3 full bathrooms, 2 half bath residences designed for entertaining family, friends and guests. Featuring: oversized balconies on each living level, Lapacho hardwood floors throughout, vaulted ceilings, recessed lighting, gas fireplace, impact windows and sliders, elevator shaft, plantation shutters, spacious gourmet kitchen with wolf and subzero appliances, newer range, wine refrigerator and custom cabinetry.
On the first living level you will find the great room, eat-in kitchen, dining room, balcony with gas grill and green egg grill, french doors leading into the office/den, laundry room with ample storage/workspace, and a unbelievable owners suite with walk-in closets, updated bathroom with double vanity, soaking tub, towel warmer and glass walk-in shower with new fixtures. The second living level you will find four additional bedrooms, two full updated bathrooms and built-ins to accommodate a library area.
You will be amazed with this home's outdoor entertaining space and beautiful sunset views. State of the art, grotto designed, saltwater pool with built-in stone slide, tiki hut with electric, stone fire-pit, gas tiki torches, additional gas grill, extensive landscape and pool lighting.
This home also has over 1,000 square feet of bonus space and is complete with 3 car attached garage. Ample additional parking.
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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%.
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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