831 GOVERNOR BRIDGE ROAD
About This Property
The heart of the home features a sizeable family room defined by architectural columns, a central fireplace, and built-ins that transition seamlessly into an open plan and dining room. Adjacent to the dining and family rooms, the gourmet chef's kitchen stands at the ready for food prep complete with an island, upgraded countertops, walk-in pantry, professional appliances, gas cooking and an inviting peninsula breakfast bar. Gleaming hard wood floors and natural light stream from room to room in an open floor plan design and through windows treated with upscale plantation shutters.
Outside, a retreat like oasis awaits with a heated, saltwater pool, water fountain and diving rock surrounded by multiple stamped concrete patios, paver garden beds, and lush landscaping including pear, apple and plum trees. In addition to professional landscaping, there is a fenced dog run, pool shed with electric service, generator, and two machine sheds. The oversized three car side loading garage offers upgraded 210-electic service, a work bench, two closets, a rear service door, and an epoxy floor.
A wooded backdrop of trees and scenic vistas encircle this gorgeous 11.29-acre property where nature and equestrian pursuits are welcome. With its endless lifestyle options, glistening saltwater pool and picturesque views all around, this home is a perfect blend of luxury, relaxation, adventure and outdoor living. This home is not just a residence; it is truly a sanctuary!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017