4317 Olive Grove CV
About This Property
The upgraded gourmet kitchen, equipped with Wolf and Thermador appliances, opens gracefully to the great room and oversized butler's pantry, creating a culinary haven for both casual and formal gatherings. Positioned on a tranquil cul-de-sac and backing onto lush greenery, this home offers unparalleled privacy, making it one of the most exclusive locations in the community. Custom accent walls and built-ins throughout add a touch of uniqueness to every corner, while a media room, guest suite on the main floor, formal dining room, office, and game room cater to every conceivable need. Upstairs, the second floor reveals breathtaking hill country views, providing a serene retreat. Adding to the allure, this residence stands out as one of the few homes in the area boasting a rare four-car garage, emphasizing its commitment to convenience and functionality.
Discover the pinnacle of contemporary luxury living in a home that seamlessly combines elegance with modern amenities. From the thoughtfully designed interiors to the captivating outdoor spaces, every detail of this residence reflects a commitment to quality and a dedication to creating a truly exceptional living experience.
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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 21, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Kuper Sotheby's Int'l Realty | $1,250,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017