What A majestic colonial revival styled home with timeless charm
and beauty, built in the Great Gatsby era. Featuring rich
craftsmanship, heavy, natural and high quality materials, and
ornamental details on the doors, entrance, ceiling, floors, stairs,
brick and stone walls and windows. Elevation and rising ground
positioning to match the standard 1920s suburban grading practices,
Improves drainage, Enhances and commanded the prestige and scenic
views, and the utilized the natural glacial topography of Long
Island peninsula, Organic architecture and elegant & aesthetic
designs, detailed in construction from the inside out,
including the durable and elegant bricks, natural timer
beans, solid stones stairs ways, most notably authentic
stained-glass windows and more, made this University Gardens
gracious colonial home with distinctive Tudor revival architecture,
even more attractive and impressive. Facing East and South, this
Fengshui paradise with the living space of SQF 5041 on a treasure
land of 0.7893 acres, there are 2 fireplaces, 5 bedrooms (The
master suits includes a large bedroom with 2 big walk-in closets,
a big full bath room with a fireplace, a standing shower, a
Jacuzzi and 2 dressing rooms). 1 big den, which can be used as a
master bedroom if needed, as a updated full bath and a laundry room
have been conveniently designed, built and installed. Renovated
with high-end features and materials, many custom-made Beige wooden
cabinets, Beige marble countertops, spacious split level in living
room with high ceiling, ceiling lights, formal crown molding and
big windows around. A great Eat in kitchen with an exquisite
kitchen island, many windows, sunny and bright, a lovely breakfast
table facing South, viewing the beautiful gardens, Crystal
Chandelier over the dining table in a charming Tudor styled formal
dining room, which is antique and elegant. Automated soundproof
home theater, Florida room to a patio. Extending from the
back of the house, another grand rear stone patio significantly
designed and completed with perimeter walls, stairs to the lovely
backyard for gathering together and enjoying life. A custom gourmet
"down view" the quiet street and the park-like gardens with various
flowers, plants and trees. 2 car garage and 8 parking spaces at
least. Maintained well with care and love. University Gardens
community offers an opportunity of joining the neighborhood's
private Swimming and Tennis Club. Lakeville elementary. Great Neck
South School. Close to 25A/ Northern Blvd. for buses. Near Lirr.
/Great Neck Station. Easy access to 495/Lie. and other major ways
as well. A very convenient, peaceful and tranquil community.
Birdsong and fragrant flowers. Seeing is believing.
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.
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