8534 BLACK MESA DRIVE
About This Property
Upon entry, the home's foyer is flanked by a spacious Dining Room and Office/Den. Wood look tile sets a perfect mood throughout the first floor living space. This home features a sought-after floorplan including a DOWNSTAIRS OWNER'S BEDROOM. Desirable OPEN FLOORPLAN offers an interactive environment between the Kitchen (with bar seating and breakfast nook) and Family Room. The Kitchen offers abundant counter space along with an upgraded STAINLESS STEEL appliance package for the most indulgent chef. VOLUME CEILINGS, WOOD-BURNING FIREPLACE and FOUR SLIDING GLASS DOORS that span the back of the home create a feeling that is both spacious and intimate at the same time.
The FIRST-FLOOR owner's suite is large and private. A barn door adds separation and privacy to the bathroom with a touch of architectural design. Two vanities, separate garden tub & shower and a large walk-in closet (WITH BUILT-INs!) and a private water closet make this a space you'll dream of coming home to every night. A first floor powder room, laundry room (WITH CABINETRY) and a MASSIVE 2-CAR GARAGE (with ATTIC ACCESS STAIRS) provide all the amenity and utility you would expect from a home of this caliber!
The SECOND FLOOR living space includes two generous bedrooms and a full bath with shower/tub combination. A LARGE BONUS ROOM offers a multitude of useful options including a workout space, added living/sleeping quarters, or a media/game room perfect for entertaining.
Outdoors, offers the indulgence of a private, fenced backyard encompassing a FULL-SCREEN ENCLOSED SWIMMING POOL with BRICK PAVERS. A COVERED LOUNGE provides a resort style feel experience, ideal for year round outdoor enjoyment. PAVERS CONTINUE into the back & side yards where open spaces and firepit awaits you on those chilly winter evenings. You won't want to miss an opportunity to see this home!!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017