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90 Rose Hip Ln
About This Property
Designed to embrace natural light, the open floor plan is drenched in sunshine and showcases beautiful hardwood floors, extensive cabinetry, and elegant granite countertops with matching backsplash. The spacious living area is anchored by a stunning natural gas stone fireplace, creating a warm and inviting atmosphere ideal for both relaxation and entertaining.
The home features two luxurious primary en-suite bedrooms, along with flexible additional space perfect for a home office, fitness studio, or extra bedrooms. Storage is abundant with an impressive 17 closets throughout, plus a floored attic offering additional storage via a convenient pull-down staircase.
A unique highlight is the original heated greenhouse, thoughtfully converted into an 18X11 indoor golf practice area complete with a putting green, perfect for year-round enjoyment. Step outside to an oversized deck that spans the back of the home, ideal for taking in the peaceful surroundings and frequent visits from elk and deer.
Modern comforts and upgrades include a newer furnace, reverse osmosis system, instant hot water, and UV water treatment. The oversized garage features a workshop area and even a dedicated beer refrigerator, while additional enhancements such as extra insulation, heavy-duty 30-year asphalt shingles with full Ice and Water Shield protection, a generator, and an exterior shed add lasting value.
All of this, just minutes from world-class skiing, shopping, and dining, makes this property a rare opportunity to enjoy mountain living without sacrificing convenience.
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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