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5849 High Dr
About This Property
and rock outcroppings, cliffs and the trickling of a water feature at the front door, you'll never
want to leave. Once inside this unique and beautiful home, you'll have the opportunity to enjoy
indoor-outdoor living that flows from room to room. Through the front door, you're greeted with a
beautiful spiral staircase that leads to two secondary bedrooms and a full bath upstairs. On the main
floor, you'll enjoy a lovely primary bedroom with access to an upper deck, an ensuite bathroom
with dual vanity and a walk-in closet. The main living area is absolutely stunning with vaulted
ceilings, exposed beams and a sunken conversation area in front of an Evergreen moss rock fireplace.
If cooking is your thing, you'll absolutely love this amazing kitchen with luxury Thermador and Sub-
Zero appliances, granite countertops, built-in custom cabinetry, a covered outdoor dining space
with views of the gardens and rock outcroppings and a built-in chef 's table. The kitchen then flows
gracefully into what looks like a cover of a "Country Living" magazine. This space has custom
lighting, exposed beams, tons of natural light, a gas fireplace and access to yet another patio area
to the side yard. The lower level has a large bonus room which could easily be turned into a fourth
bedroom with an ensuite bath. Additionally, you'll find an office, a recreation space and tons of
storage. If all of this doesn't do the trick, perhaps the oversized 6-car garage and storage/shop space
will. This home is truly one-of-a-kind and is just waiting for the passing of the keys to the lucky
new owner!
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Cap Rate Calculator
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