6822 GEORGETOWN PIKE
About This Property
A large deck stretches across the rear of the home and overlooks beautifully manicured grounds. The adjoining sunroom includes a built-in exhaust fan to clear the air. Also on the main level is a domed and mahogany-clad home office, laundry room with a chute, and guest powder room.
The private spaces of the upper level include two splendid owner's suites, both with large dressing rooms and luxury baths complete with Italian marble, double vanities, rain shower and water fountain, and jacuzzi spa tub. Two additional spacious bedrooms with en suite baths grace this level. Memorable entertaining is accommodated with a 2-story great room on the main level, and an expansive lower recreation level engineered without columns or barriers for optimal use of the space. Features include hardwood flooring, a billiards room, media room, fitness room, guest bedroom suite, and a fully equipped wet bar adjoining the large lounge area. French doors from this space walk out to a covered stone terrace and the professionally landscaped back yard. Other amenities of this incredible property include a full security system with 9 cameras whose footage can be accessed 24/7 via your smartphone, 6-8 inch walls, concrete-constructed 4-car garage with room for lifts; slate roof with snow guards to prevent freezing; 4 electrical panels ready for heated swimming pool; lightning protector; central vacuum system, and Lutron lighting system.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | In contract | - | |
| In contract | |||
| Jun 4, 2022 | Listed by Long & Foster Real Estate, Inc. | $4,999,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017