7436 OTTENBROOK TERRACE
About This Property
Nestled on a peaceful cul-de-sac and backing to serene woodlands, this stunning custom-built residence offers over 5,800 square feet of beautifully designed living space on a generous 0.63-acre lot. With 5 bedrooms, 3 full baths, and 3 half baths, there's room for everyone to live, work, and relax in style.
Enjoy the convenience of a first-floor primary suite, and savor the natural beauty year-round from the expansive sunroom. The interior features fresh paint, all-new carpeting, hardwood floors, and elegant cherry cabinetry in the kitchen. A brand-new refrigerator and dual-zone heating and cooling ensure comfort and efficiency.
The large basement includes a dedicated work area, ample storage, kitchen efficiency, and additional living space - perfect for hobbies, a home gym, or entertaining. A 3-bay garage adds functionality and curb appeal.
Don't miss the opportunity to own this truly unique home in a sought-after location! Close to metro, Lake Needwood, and commuting corridors.
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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 Redland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017