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49 Sunset Dr
About This Property
Situated in the prestigious Country Homes neighborhood, just north of the Cherry Hills Country Club, this Georgian-style residence is set on a fenced 3-acre site with mature landscaping, featuring a private gated entrance for added security and privacy, and an impressive circular drive. The grounds include the pool and a 1100 SF guest cottage with a bedroom, living room with fireplace, and full bath.
The main residence boasts a spacious gourmet kitchen, ideal for culinary enthusiasts, and includes 7 generously sized bedrooms and 8 luxurious baths. The living areas are designed for both formal and casual gatherings, featuring a formal living room with refined aesthetics, a formal dining room for elegant dining experiences, a family room perfect for casual gatherings and relaxation, a library providing a quiet space for reading and study with fireplace, a cozy breakfast nook for informal meals, a media room for movie nights and entertainment, and a huge bonus room area offering flexible space for various activities.
The primary suite is conveniently located on the main floor. The foyer, with its soaring double high ceiling, directs a gaze to the open staircase and surrounding railings, creating an impressive and grand entrance. Straight ahead, formal living and dining rooms. Throughout the home, there are 6 fireplaces, adding warmth and ambiance.
The design and ambiance of the home are distinctive, with each detail being intentional and meaningful. The architecture and layout support an elegant lifestyle, providing a private and soothing atmosphere throughout the residence. This Georgian-style residence embodies luxury and sophistication, making it a perfect retreat for those seeking an upscale lifestyle.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Price Decreased |
$3,999,000
↓ $201K
(4.8%) | |
| Price Decreased | |||
| Jul 5, 2024 | Price Increased |
$4,200,000
↑ $201K
(5%) | |
| Price Increased | |||
| Jun 15, 2024 | Relisted | $3,999,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017