841 OAK SHADOWS ROAD
About This Property
Recent upgrades include a newer roof and three air conditioners, blending classic charm with modern convenience. The first-floor master suite provides a sanctuary of privacy with its separate commode and bidet, plus a bonus area with delightful pool views. There is an additional first floor bedroom for guests, or nanny. Culinary enthusiasts will revel in the kitchen, featuring dual sinks, a six-burner gas range with griddle, ice maker, and a butler's pantry that makes entertaining a breeze.
The upper level is an entertainment paradise with a game room/loft/theater, perfect for movie nights or cheering on your favorite team. It houses three generously sized bedrooms, two full bathrooms, and a large storage room that could transform into a fun bunk room. Outdoors, the estate shines with its mature landscaping including lime and lemon trees, and a beautiful poolside kitchen equipped with top-tier appliances.
A three-car garage with a built-in workshop and a ONE-BEDROOM APARTMENT above offers versatility and convenience, complemented by an extra-long driveway providing plenty of parking. This home is not just a place to live but a space to create lasting memories.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017