806 GATEHOUSE DR
About This Property
Within the privacy of the Iron Gate development rests this exquisite 6,000+ sq ft home with a grand foyer, winding staircase, wide open 22' ceilings, and an open floor plan. Interior columns, wainscoting, and 2nd floor catwalk add to the luxurious ambiance.
On the main floor, to your right a formal dining room boasting of vaulted ceilings, brightly-lit windows, a butler pantry complete with a wet bar, in-ceiling and in-wall Sonos speakers; absolutely ideal for entertaining. To your left, an office space/bonus room. Mirage Mahogany floors and Travertine stone run throughout the main floor; a powder room is located here as well. The walk-in laundry room highlights granite countertops and a black onyx washing sink.
Chef's kitchen boasts center island sink, 6 burner cooktop with exterior exhaust vent, drawer microwave and smart oven, Miele dishwasher, custom Sub-Zero refrigerator, granite countertops, custom cabinetry, and 12 foot pantry closet. There is also an additional dining area surrounded by bay windows. A massive great room highlighting a gas fireplace and large Anderson windows with glass double-doors welcome the morning sunlight!
The primary bedroom is also located on the main floor; complete with an oversized walk-in closet, enlarged bay windows, and custom ceilings. Ensuite bath with french doors, Breccia Onciaia marble, radiant Nuheat floors, steam shower, Kohler soaking tub, a double vanity, dual toilets & a bidet.
The grand staircase leads you up to 4 additional bedrooms and 2 Jack & Jill bathrooms. There is a spacious recreation/bonus room upstairs as well. A large (fully-planked) attic creates plenty of additional room for storage. Unfinished 3,000 sq ft basement. 4 car attached garage. ADT security system and smart room.
Entertainers' backyard equipt with outdoor speakers, 9 zone sprinkler system and 1/2 acre+ of level green space and backs up to Edwin Forsyth Nature Reserve.
This luxury home is 12 min to AC entertainment, 15 min to beaches, 60 min to Philly Int'l Airport, 90 min to Newark Airport.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2023 | In contract | - | |
| In contract | |||
| Oct 27, 2023 | No longer available | - | |
| No longer available | |||
| Aug 24, 2023 | Relisted | $1,195,000 | |
| Relisted | |||
| Aug 22, 2023 | Price Decreased |
$1,195,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017