5200 DERBY MANOR LN
About This Property
Step inside to discover a meticulously maintained interior featuring recent upgrades that enhance both style and functionality. The heart of this home is its gourmet kitchen, where culinary delights come to life. Embrace the joy of cooking with new double ovens, a spacious double-door refrigerator, granite countertops, and a deep sink for effortless meal preparation. Conveniently located adjacent to the kitchen is a morning room, ideal for enjoying breakfast bathed in natural light. Entertain in style in the open-concept living areas, graced by a cozy gas fireplace and French doors leading to the patio, seamlessly blending indoor and outdoor living. You can entertain in the formal living room or enjoy formal dining in the elegant dining room. Need a quiet space to work? Retreat to the study/office, complete with French doors for privacy.
Upstairs - four bedrooms await, each offering comfort and style. The master bedroom is a sanctuary with its spacious layout and dual walk-in closets, providing ample storage space. Pamper yourself in the spa-like master bath, featuring a luxurious soaking tub and a separate shower. Three additional bedrooms provide cozy retreats for family or guests.
The finished basement offers endless possibilities for entertainment and relaxation. Host movie nights in the media room or use the space for a playroom or home gym. With a rough-in for a future shower to make the half bath a full bathroom, the basement also offers potential for additional customization. The options for this large, finished space are limitless.
Step outside and experience the ultimate outdoor living. Entertain under the charming gazebo on the expansive 16x23 Trek deck or gather around the brick and stone fire pit for cozy evenings under the stars. The brick and stone patio provide additional space for outdoor relaxation, while landscape lighting adds ambiance to the surrounding grounds. The two storage sheds on cement pads offer storage space for outdoor equipment. Find additional storage space in an oversized two-car garage with built in storage.
Revel in the luxury of a brand-new roof and HVAC/Furnace providing peace of mind and protection for years to come.
Residents of this community also enjoy access to a wildlife preserve clubhouse. Don't miss your chance to experience luxury living in this meticulously maintained home, where every detail has been thoughtfully crafted for comfort and style. Welcome 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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About Westphalia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017