401 Rolling Hills Lane
About This Property
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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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Jan 15, 2024 | Listed by Willow Real Estate, Inc | $550,000 | |
| Listed by Willow Real Estate, Inc | |||
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Mar 24, 2023 | Listed by Mark Allen Realty | $684,900 | |
| Listed by Mark Allen Realty | |||
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Welcome to this expansive, beautiful custom home situated on top of 2.45 acres of open space. A long winding drive and stamped walkway bring you to the main entrance of this stunning home. Upon entering, you'll notice the cathedral foyer with a winding open staircase and gorgeous oak hardwood floors. As you start to walk through this home, you'll see the lavish den with a built-in floor-to-ceiling bookshelf and french door entry. A polished living room with one of the four gas fireplaces is a wonderful spot to relax. The formal dining room has a recessed ceiling and leads to both the living room and kitchen. The two-story great room displays lots of natural light with its beautiful picture window, a boxed-in gas fireplace surrounded by slate tile, and an overlook from the above hall. The vast kitchen allows for plenty of room with custom cabinetry, granite countertops, a double built-in oven, SS range hood and appliances, a recipe niche with built-in cabinetry, and glass sliding doors that lead to a great, overlooking Trex deck. The kitchen also hosts a walk-in pantry tucked away under the second staircase, with build-it shelving and carpentry drawers, perfect for hiding those small appliances or extra snacks. Primary bedroom offers an elegant gas fireplace, a sitting area so you can unwind, and a bath with a corner tub, body spray shower, and oversized walk-in closet. The main floor also features a primary bedroom with a clean bath, double vanity, a spacious walk-in closet, and a built-in kitchenette. Bedrooms three & four share a Jack & Jill bath, each with its own vanity and walk-in closets. Bedroom five brings in lots of natural light with its surrounding windows and has its own ensuite bathroom and walk-in closet. A second laundry room overlooking the loft and overlooking the front entry finishes off the second level. Walk-out basement feels like a house of its own with 9' ceilings, English style windows in each room of the basement, its own kitchen with oak cabinets, living, and family area with a gas fireplace, a great room for entertaining, bedroom with a walk-in closet, and a full bath. This basement steps out onto a concrete-stamped patio and is ideal for multi-generational living. The 4 car heated garage is favorably located off one of the two laundry rooms and provides comfortable temperature all year round. The floor drains in the garage make washing your car a breeze no matter what the weather is outside. Enjoy the peace and quiet on your deck or patio overlooking the hills and valleys of Freeport. Updates to the home include; Both furnaces and water heater. The manager has listed the unit size as 8000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017