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841 BEAR CABIN DRIVE
About This Property
The main level features a flexible front room with vaulted ceilings and a large arched window, ideal for a home office or formal living space. The formal dining room is accented with chair rail, box trim, and crown molding, perfect for hosting gatherings.
The kitchen is thoughtfully designed with custom cabinetry, granite countertops, backsplash, recessed lighting, and stainless steel appliances. It opens seamlessly to the family room, providing a comfortable space for everyday living and entertaining, with direct access to the expansive outdoor living areas.
Step outside to the maintenance-free deck and beautifully finished three-season room, overlooking around 70+ acres of wooded area and open fields, which offers exceptional privacy and scenic views year-round. Below the deck, a patio creates an additional outdoor retreat, perfect for relaxation after a long day.
The upper level includes a spacious owner's suite with vaulted ceilings, a walk-in closet, and an en-suite bath. Additional bedrooms are generously sized. The finished basement features brand-new carpeting, offering flexible space for recreation.
Additional highlights include an oversized two-car garage with ample storage and an HVAC system replaced approximately five years ago.
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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 Bel Air North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017