8512 RIVER PARK ROAD
About This Property
This remarkable 5-bedroom, 3.5-bath residence offers a perfect blend of elegance, comfort, and modern upgrades throughout. Step inside to discover flawless updates, including brand-new carpet across the entire home and gleaming hardwood floors on the main level.
The grand two-story foyer welcomes you with warmth and sophistication, leading to a formal living room and dining room accented by elegant columns-perfect for entertaining. A private office provides a quiet space for work or study. The kitchen is a true showpiece of function and style, showcasing stainless steel appliances, quartz countertops, recessed lighting, and a large pantry. The open concept flows seamlessly into the spacious family room featuring a cozy fireplace and into the bright and airy sunroom, filled with natural light and offering access to the backyard. A second staircase leads upstairs to a comfortable sitting room just off the luxurious primary suite.
Upstairs, you'll find four generous bedrooms and two full baths. The primary suite is a serene retreat with a two-way fireplace, dual walk-in closets, and a spa-inspired en-suite bathroom featuring his-and-her quartz vanities, an impressive soaking tub, a separate glass-enclosed shower, and a private water closet.
The fully finished lower level extends both luxury and flexibility with a large recreation area ideal for gatherings or movie nights. This level also includes a fifth bedroom-perfect for guests or in-laws-a full bathroom, and an additional bonus room that can serve as a sixth bedroom, home gym, game room, or office.
Step outside to enjoy a private deck and spacious backyard, perfect for entertaining or relaxing. The home is situated in a beautiful, amenity-rich community offering a pool, tennis courts, two tot lots, and walking trails. Residents also enjoy direct access to the B&A Trail, offering over 10 miles of biking, walking, and running paths. This home truly combines luxury, comfort, and community - a must-see for anyone seeking refined living in a perfect location!
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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