586 Hidden Pass
About This Property
Ideal for multigenerational living, this exceptional property in High Point Ranch offers a main home plus a fully equipped 2-bedroom, 1-bath guest house, all set on 2 fenced acres. The guest house includes a full kitchen, spacious living area, and its own 1-car garage, perfect for parking or use as a workshop.
The main home features a gourmet kitchen outfitted with Viking Professional appliances, including a griddle, grill, warming drawer, and heat lamp. Plantation shutters, generous living spaces, and a flexible floor plan.
The private primary suite includes a sitting area with fireplace, a walk-in tub, and separate shower. Two secondary bedrooms share a Jack-and-Jill bath, and the 4th bedroom offers its own en-suite bath. Additional highlights include a 3-car garage for the main home, whole-house surge protection, and a spacious covered patio overlooking the pool.
A rare opportunity for space, flexibility, and privacy with room for everyone.
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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