65 Redan Drive
About This Property
Step inside to discover a thoughtfully designed open-concept layout featuring a grand 2-story entry, 3 spacious bedrooms and 3 full baths. The formal living and dining rooms set the tone for entertaining, while the cozy den, complete with a gas fireplace and sliding doors to the private patio, invites relaxation. The gourmet kitchen is open to the den and invites conversation while preparing meals. The primary suite is a true retreat, boasting a generous walk-in closet and a spa-like ensuite bath, with access to the patio with its sliding doors. Guests will love their own private oasis with a bedroom that includes an en-suite bath. The convenience of main-floor laundry makes everyday living a breeze.
Downstairs, a large unfinished basement awaits your creative touch-whether it's a home gym, media room, or play space, the possibilities are endless. Outside, the expansive patio is your front-row seat to breathtaking golf course views, perfect for al fresco dining, morning coffee, or unwinding after a long day. Stonebridge Estates offers the best of gated community living, with easy access to shopping, dining, and the parkway, all while maintaining a peaceful, exclusive atmosphere. Don't miss this incredible opportunity to experience elevated living in one of Smithtown's most desirable neighborhoods!
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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.
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About Hauppauge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017