8566 Native Dancer Road N
About This Property
This is a spacious 4,162 living sq ft home (5,959 total sq ft) with MANY extra features not found in most homes. The main house includes 5 bedrooms, 3 baths, living room, family room, dining room, kitchen with island, breakfast nook, laundry room, and a large upstairs LOFT. PLUS a large IN-LAW SUITE which is handicapped accessible with wide doors, wheelchair accessible shower and bathroom equipped with hand railings. This In-Law Suite could also be used as a game room for a pool or ping pong table, a private media room or even as a 2nd master suite.
Gather in the kitchen featuring ample cabinetry, large island, double wall ovens, butler's pantry, and wine cooler.
The spacious master suite has custom touches including dual shower heads, dual sinks, dual closets, shoe closet and a jacuzzi tub.
Neutral, cream 16'' Travertine Marble throughout the entire home and veranda along with plantation shutters and outdoor generator hookup.
Relax poolside on the large covered veranda equipped with wet bar, mini-fridge, grilling area & many electrical outlets perfect for outdoor big screen TV and cozy outdoor furniture. The pool decking is quite large with plenty of space to lounge in the sun or sit by your fire pit. The pool and backyard setting is absolutely prime for entertaining, even hosting a wedding or holiday party! The vast circular driveway is ideal for hosting guests.
There is a 790 sq ft studio apartment/guest house with bath & kitchenette located above the over-sized 4-car garage & workshop. A handyman and gardeners delight!
This highly versatile home is offered at a tremendous value. A MUST to SEE and EASY to SEE!
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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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About Horseshoe Acres West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017