5156 Effie DRIVE
About This Property
When you are not working in your at home office space, unwind in the spacious living area, featuring a custom stone, wood burning fireplace with stunning views of the backyard. The semi-open floor plan seamlessly connects the living, dining, and kitchen areas, perfect for effortless entertaining and everyday living. The kitchen boasts modern amenities with ample counter space, ideal for hosting gatherings with friends and family.
Retreat to the serene master suite, complete with a private ensuite bathroom, featuring a soaking tub, and oversized walk in shower, perfect for unwinding after any day. Two additional bedrooms provide plenty of space for family members or guests, each offering comfort and convenience.
When you are not entertaining guests inside the home, step outside to enjoy the expansive outdoor living space featuring an inground pool and patio, horse barn, and acres of land. Whether you're hosting summer barbecues, tending to animals, gardening in the sunshine, or simply savoring the peaceful surroundings, the possibilities are endless on this picturesque two-acre property.
Experience the epitome of country living while still being conveniently located near shops, dining, entertainment, and international travel. Don't miss your chance to make Effie your new home sweet home.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017