7401 MAHASKA DRIVE
About This Property
Boasting five spacious bedrooms and four and a half pristine bathrooms, this home provides ample space for both relaxation and entertainment. The chef's delight is the renovated kitchen, featuring elegant quartz countertops and state-of-the-art appliances, sure to impress whether hosting a dinner party or enjoying a quiet meal.
The family room welcomes you with a cozy brick mantel fireplace, flanked by stylish and functional built-in bookshelves. Retreat to the luxurious primary ensuite, a pampering sanctuary with high-end finishes, a walk-in closet, and a serene ambiance.
Conveniences and storage abound. A laundry chute connects a washer and dryer in the mudroom on the main level with the bedrooms on the second floor. The mudroom connects to an attached two car garage with a cabinet running the length of one of the garage's walls. A third-floor attic and space above the garage offer additional storage.
The expansive lower-level recreation room offers endless recreation and entertainment possibilities, including, at the buyer's option, a combined pool and ping-pong table and a treadmill. The backyard oasis, complete with a new deck, is perfect for outdoor gatherings and relaxation. A large, flat side yard offers opportunities for multiple outdoor games.
The home is situated on a generous 11,301 square foot lot that feels even larger because of the adjoining common area. Resting within a beautiful tree-lined community backing onto picturesque parkland and a golf course, this home offers a tucked-away feel while remaining minutes from retail shops, restaurants, and downtown conveniences. With easy access to commuter routes, this close-knit community provides the perfect balance of tranquility and connectivity. Explore your new lifestyle in this elegant, comfortable, and convenient Derwood gem.
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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%.
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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 Derwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017