876 Peterson ROAD
About This Property
Come see how spectacular quiet rural living can be! Just entering the home takes your breath away, followed by an immediate sense of peace. Chef's kitchen with granite countertops, double sinks, double ovens, double appliance garages, and custom hickory cabinets with drawer sliders. There is also a built-in ice maker and reverse osmosis filtration system. Custom quarry tile runs continuously through the home with crown molding and solid hardwood doors. See the amazing backyard retreat with a heated pool and hot tub, and outdoor kitchen with a granite countertop, sink, refrigerator, and gas grill. Pool has a large two-foot deep beach level for sitting in chairs just to cool off. Fully enclosed screen cage with new screens connects the home via two pairs of French doors, two sets of oversized glass sliding doors and an adjacent pool bath. This home was built for entertaining inside and out. Magnificent master suite with sitting room, built-ins, coffered ceiling with crown molding, double headed walk-in shower for two with two walk-in closets. Larger closet is a customer glam-closet with a chandelier. Oversized three car garage with room for hobbies and cars. Garage is finished with speakers, windows, generator connection, ceiling fans, overhead lighting and double doors opening to the front for amazing cross-breeze. Whole house Wi-Fi, music system, intercom system and hot water recirculating system so no long wait to take a hot shower. Home has an enormous utility room with a hair salon and attached storage room. High speed Internet (avg 250-400 Mbps) is fast enough to stream multiple movies and zoom calls simultaneously with bandwidth to spare. Outdoor shed has 40 Amp service. This is a must-see spectacular 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