5271 TRACTOR LANE
About This Property
Experience the epitome of luxury living in this exquisite estate where sophistication and seclusion harmonize. Nestled on a tranquil cul-de-sac, this exceptionally rare gem surpasses expectations with meticulous craftsmanship and unrivaled entertainment options, redefining the concept of a refined lifestyle. A work of art in itself, this extraordinary residence showcases like a new construction, featuring brand new striking quartz counter tops, stainless steel appliances, light fixtures throughout, never before touched door handles and never before walked on carpet. The allure commences upon entering the front door, where stunning hardwood floors greet you and freshly painted walls instantly captivate. The inviting open kitchen serves as the perfect setting for intimate dining experiences with loved ones or hosting memorable gatherings with friends. Multiple walk-outs grant effortless access to the fully-fenced backyard oasis, enveloping you in serene relaxation amid nature's embrace. Unwind on the deck while savoring the aromas of a grilled feast, lose yourself in a captivating book, or revel in a refreshing beverage within the screened-in gazebo as you relax in your jacuzzi, uninterrupted by any distractions. The private property sets the stage for various recreational activities, be it a lively game of football, soccer, basketball, or even a leisurely game of croquet as the sun sets. Prepare to be captivated by the astounding exterior, which leaves a lasting impression, starting with the recently installed roof in 2020. The lower level boasts a grand bedroom, a full bathroom, and massive living area, offering a truly unparalleled space. One of a kind home for making timeless memories that will last a lifetime.
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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