Exceptional estate offering 4 BEDROOMS, 2 DENS, and 4 BATHROOMS,
set on 2.73 ACRES in the highly desirable LOGAN WOODS area, ideally
located in the heart of the city while still offering privacy and
space. This expansive residence is designed for elevated living
with generous proportions and a layout that feels open, welcoming,
and seamlessly connected throughout. Interior highlights include a
FULL THEATER ROOM with MOTORIZED RECLINING SEATING FOR SIX, a
striking CUSTOM LIT GLASS ART FEATURE, a FIREPLACE, CENTRAL VACUUM
SYSTEM, SECURITY CAMERA SYSTEM, INDOOR WET BAR, and a WHOLE-HOME
REVERSE OSMOSIS WATER SYSTEM. The PRIMARY BATHROOM is beautifully
appointed and includes a BIDET, while everyday functionality is
enhanced by an IN-HOUSE LAUNDRY ROOM and an OVERSIZED TWO-CAR
GARAGE. One of the dens can easily be converted into an additional
bedroom, offering flexible living options. A PRIVATE IN-LAW SUITE
provides excellent versatility for guests or multigenerational
living without disrupting the home's overall flow. Outdoor living
is truly resort-inspired, featuring a HEATED POOL AND SPA within a
SCREENED ENCLOSURE, a SECOND SCREENED PATIO offering additional
shaded lounge space, and an OUTDOOR SHOWER. Entertain effortlessly
in the OUTDOOR KITCHEN set beneath a GAZEBO with a GAS COOKTOP, or
gather around the PAVERED FIRE PIT AREA for evenings under the
stars. The property is beautifully landscaped with an AUTOMATIC
SPRINKLER SYSTEM and includes a STORAGE SHED for added convenience.
Offering acreage, luxury amenities, and a prime central location
with no HOA restrictions, this home presents a rare opportunity to
enjoy estate living without sacrificing convenience.
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.
Exceptional estate offering 4 BEDROOMS, 2 DENS, and 4 BATHROOMS, set on 2.73 ACRES in the highly desirable LOGAN WOODS area, ideally located in the heart of the city while still offering privacy and space. This expansive residence is designed for elevated living with generous proportions and a layout that feels open, welcoming, and seamlessly connected throughout. Interior highlights include a FULL THEATER ROOM with MOTORIZED RECLINING SEATING FOR SIX, a striking CUSTOM LIT GLASS ART FEATURE, a FIREPLACE, CENTRAL VACUUM SYSTEM, SECURITY CAMERA SYSTEM, INDOOR WET BAR, and a WHOLE-HOME REVERSE OSMOSIS WATER SYSTEM. The PRIMARY BATHROOM is beautifully appointed and includes a BIDET, while everyday functionality is enhanced by an IN-HOUSE LAUNDRY ROOM and an OVERSIZED TWO-CAR GARAGE. One of the dens can easily be converted into an additional bedroom, offering flexible living options. A PRIVATE IN-LAW SUITE provides excellent versatility for guests or multigenerational living without disrupting the home’s overall flow. Outdoor living is truly resort-inspired, featuring a HEATED POOL AND SPA within a SCREENED ENCLOSURE, a SECOND SCREENED PATIO offering additional shaded lounge space, and an OUTDOOR SHOWER. Entertain effortlessly in the OUTDOOR KITCHEN set beneath a GAZEBO with a GAS COOKTOP, or gather around the PAVERED FIRE PIT AREA for evenings under the stars. The property is beautifully landscaped with an AUTOMATIC SPRINKLER SYSTEM and includes a STORAGE SHED for added convenience. Offering acreage, luxury amenities, and a prime central location with no HOA restrictions, this home presents a rare opportunity to enjoy estate living without sacrificing convenience.
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