Heart of Northwest Hills, wonderfully quiet street, gorgeous and
updated home backs to the Steck Valley Greenbelt which contains
38.4 AC (can't be developed per the Parks and Rec Department).
Breathtaking, undisturbed year 'round California-like canyon views
surrounded by natural beauty! Be the envy of all your family and
friends. Unbeatable location. Easily access major HWYs, downtown
ATX, UT, The Domain plus entertainment, shopping and restaurants.
Fortunately, this beautiful home lives like a single story with
everything you need for daily living on the main level. No steps as
you enter, no sunken rooms. Anyone with mobility challenges can
easily move around the main home. Over 1,100 SF of outdoor living
space capturing those stunning views - relax, dine, entertain.
Thoughtfully updated by an interior designer with stylish, timeless
selections. Cozy stone, gas fireplace draws you in to sit a while
and enjoy the views. Completely updated kitchen is a chef's dream:
ample storage, counter space and convenient breakfast bar.
Luxurious Primary Suite features: more greenbelt views from the
bedroom and bathroom, a jetted tub with hydrotherapy by Bain, new
tile and a walk-in closet. Two roomy secondary bedrooms are wisely
separated from the Primary. Flex room with a view on the level
below can be used as a home office, 2nd living or 4th bedroom
(already has a built-in bed). Two extra rooms (470 SF not included
in home square footage) could be used for storage, work room, home
gym, music/art studio or easily convert them to living space. So
many possibilities! The home feeds to excellent schools and has
parks and amenities nearby such as Westover Hills CC and Great
Hills CC if you are a golfer. Roof replaced 2023. HVAC redesigned
and replaced in 2023 (living area and each bedroom has its own
thermostat). Interior and exterior was freshly painted in April of
2023 giving it a fresh, modern feel. A 410 gallon rainwater
collection tank is located on the NE side of the home.
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.
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