435 Captains Circle
About This Property
The impressive entryway opens to the great room, which offers a sight-line through beveled glass windows to the pool/spa and lake views. Your dinner guests will love the elaborate trey ceiling and bronze wrought iron-decorated "walls" of the formal dining room! A curving, fully-appointed bar area, with double waterfall granite counters, a hammered copper sink, wine chiller, wet-ice maker, all-new cabinets and appliances, and French Umber pendant lights, is also designed to make entertaining a pleasure. The gourmet kitchen features a butcher-block topped island; complementary custom light and mahogany cabinetry; a large copper kitchen sink; stainless Wolf range and double oven, microwave, and warming drawer; a built-in Subzero fridge; a hidden Bosch dishwasher; a walk-in pantry; and a long breakfast bar. The spacious family room offers an oversized gas travertine fireplace and built-in granite counters, as well as easy access to the fully screened and covered patio area and fabulous summer kitchen with its stainless 3-piece Coyote grill, refrigerator, and custom cedar cabinets.
The master suite includes a large bedroom with trey ceiling, multiple windows, a seating area facing the lake and pool, and luxurious new carpet. The large bath features his and hers walk-in closets with custom built-ins, abundant marble counter space, dual sinks, a jetted soaking tub, and 12-foot high walk-in shower with 5 shower heads and rich Italian marble details. An additional bath offers a steam shower for rinsing off from the pool or spa, surrounded by slate and ornate finishes.
With this split floorplan, two additional bedrooms and bath are found in the other wing. The office across from the formal dining area could also be used as a bedroom. The large garage will house 2 cars plus a golf cart (or jet ski, motorcycle, etc.), plus it has built-in closets and additional attic storage. The full house is wired for sound and security.
The gorgeous heated pool has recently been fully redone. It includes color spectrum lighting, state-of-the-art remote capability, and multiple seating areas including 5 in-water bar seats beneath the granite water bar/waterfall from the attached spa. Plenty of travertine patio area surrounds the pool, both screened and unscreened. A lawn area stretches to the lake, which can be accessed through a gate in the fully fenced backyard. The attractive European exterior lighting and the tropical landscape design provide peaceful repose, as well as extensive privacy from the adjoining neighbors.
A truly beautiful home for stylish but relaxed living!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017