5338 HINES RD
About This Property
As you step inside, you'll be greeted by the grandeur of the high ceilings, arched doorways, and an abundance of windows that fill the home with natural light. The first floor boasts an open floor plan with a spacious living room, dining room, gourmet eat-in kitchen, butler's pantry, family room, and three bedrooms, including a massive primary bedroom with a full bath. The wrap-around deck off the living room provides the perfect space to entertain, barbecue, and enjoy the company of friends and family while overlooking the breathtaking view of the pond and mountains.
The above-ground basement level is a complete second home, offering a full custom kitchen, separate living and dining room, three additional rooms that can be used as bedrooms, a 2nd laundry room, and a theater room. This space is perfect for multi-generational living, a guest suite, or as an income-producing unit.
Step outside and discover the beauty of the 15-acre property. The circular driveway leads to a courtyard with a charming fountain. The rear patio is an idyllic spot to gather with loved ones and enjoy the peaceful surroundings. The property also features a pond and agricultural land and is zoned to have up to 4 horses or to be used as a winery, wedding venue and so much more. Zoned AG and MLS attachment shows all the uses for this unique home.
This home offers the best of both worlds - privacy and convenience. With easy access to local amenities, schools, and major highways, you'll have everything you need just moments away. Don't miss the opportunity to own this one-of-a-kind dream home!
**Sellers need a short HOC contingency. A 24-hour notice is required.***
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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