530 WALKER RD
About This Property
The Invaluable natural light coupled with high ceilings and timeless moldings elevate this gracious 6-bedroom, approximately 10,100 SF residence with seven fireplaces into a class of its own. An inviting two-story grand foyer welcomes guests into a soaring great room with 21' arched windows, beautiful fireplace, a spacious formal dining room, and a handsome, richly paneled library with built-in shelving. The French country-inspired kitchen with adjacent butler's pantry opens to the breakfast area and rear deck and provides wonderful views of the private grounds. The kitchen and breakfast area also open up to the adjacent two-story family room with stone fireplace, featuring beautiful custom trim around the floor to ceiling windows, additional deck access, and a convenient back staircase.
The main level primary suite is its own retreat overlooking the pool and private grounds with numerous French doors in the sitting area, a sumptuous marble master bath and thoughtfully designed dual walk-in closets. Two powder rooms, large laundry/mudroom, and two doors to access the 3-car garage and complete the main floor's amenities.
Dual staircases access the upper floor, boasting separate private guest quarters (or an au-pair suite) offering a full kitchen and sitting area and its own bedroom, bathroom and closet. The additional secondary bedrooms all offer full baths, and the upper level also features a separate carpeted loft/office space with built-ins, and easy access to an expansive floored attic
The walk-out, daylight lower-level has walls of windows and features additional views of the pool and well-manicured grounds, and includes a marble bar, three spacious, flexible recreation/games/media room spaces, as well as an additional private quarters adjacent to an exercise room with the second of two lower level full baths.
The exterior provides a restful setting on 2 acres with 40' pool, heated spa, and professional landscaping. Amid the lush trees and stately landscape, this elegant residence provides a wonderful and classic retreat rarely found in such an accessible location. The location had excellent proximity to Great Falls Village Centre and is in the Langley High School pyramid, and just 7 miles outside the DC Beltway.
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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