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41 Strickland Place
About This Property
A gracious foyer opens to the formal living room, where a wood-burning fireplace and oversized bay window create a warm and inviting space. The formal dining room flows seamlessly into a custom wet bar and butler's pantry with a beverage drawer and wine refrigerator before opening to the chef's kitchen. Designed as the heart of the home, the kitchen features a large center island, premium appliances, a bay window bench seat, and a spacious eat-in area.
Just off the kitchen, the oversized den offers custom built-ins and designer window treatments, while a dedicated home office with a built-in desk provides the perfect work-from-home space. A mudroom off the attached two-car garage and a powder room complete the first floor.
The second floor features four bedrooms. The spacious primary bedroom includes a large walk-in closet with custom shelving. A beautifully renovated bath with a double vanity, private water closet, and steam shower with bench seat. Two additional bedrooms offer generous closets with custom shelving and share a hall bath with a vaulted ceiling, double vanity, and spa-like soaking tub. A fourth bedroom with its own ensuite bath provides an ideal space for guests or extended family.
The finished lower level offers a large recreation room with custom built-in cabinetry and a bar area, making it an ideal space for entertaining, watching the game, or simply relaxing.
Detailed moldings, paneled walls, and custom finishes add warmth and character throughout the home. Outside, mature landscaping surrounds the flat backyard, creating a private setting for two newly constructed patios that are perfect for outdoor dining, entertaining, or simply enjoying the peaceful surroundings.
A rare opportunity to own a move-in-ready Munsey Park home in one of Manhasset's most sought-after neighborhoods.
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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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About Manhasset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017