8561 Colonial Dr
About This Property
Upstairs, two generously sized ensuite bedrooms each feature large walk-in closets, providing comfort, privacy, and scale worthy of a stately home. The walkout basement is an entertainer's dream: a large guest suite with three-quarter ensuite bath and ample living space; an expansive double living room ideal for gatherings; a billiards/game room with gleaming hardwood floors and space for multiple players; an adjacent secondary family/game room with gas fireplace, perfect for video gaming and socializing while guests enjoy the games nearby; a well-appointed wine cellar; and a versatile exercise/meditation/yoga room designed for fitness or mindful retreat.
Additional highlights include a newly designed laundry room with custom cabinetry and abundant counters, a stately 16,000+ sq. ft. lot, and a graceful horseshoe driveway that sets the tone for this extraordinary home. Every once in a while, a property arrives that simply outshines the others, a home that doesn't just check boxes, it redefines them. For the buyer who's been waiting for something extraordinary... welcome 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017