6832 GEORGETOWN PIKE
About This Property
This grand estate boasts an all-brick construction complemented by an authentic slate roof. Expansive and spanning four levels, the property encompasses an impressive 15,000 square feet of space. As you enter, a grand foyer welcomes you with a double staircase leading to formal living spaces, including a sunroom and dining room. The main level includes a beautiful family room, an inviting study/den, and a gourmet eat-in kitchen that opens to a deck and gazebo. Two bedrooms and two full bathrooms, along with a half bath, complete this level. There's also potential to convert the adjacent lounge into a second owner's suite.
Upstairs, you'll find six bedrooms, including a grand owner's suite with scenic views. The lower level offers endless entertainment possibilities with a third kitchen, a full bar, a theater, gym, wine cellar, and two additional bedrooms.
Additional amenities include a three-car garage, ample guest parking in the circular driveway, public water and sewer connections, and four Lennox HVAC systems for year-round comfort.
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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 |
|---|---|---|---|
| Dec 4, 2023 | Sold | ||
| Sold | |||
| Nov 6, 2023 | In contract | - | |
| In contract | |||
| Oct 9, 2023 | Listed by Long & Foster Real Estate, Inc. | $4,250,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Jul 15, 2022 | No longer available | - | |
| No longer available | |||
| May 12, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017