95
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94 W PINE RIDGE Drive
About This Property
The grand great room welcomes you with soaring vaulted tongue-and-groove ceilings, expansive windows that bring the forest indoors, and a cozy woodstove that creates the perfect gathering space. The beautifully appointed kitchen features a large center island, stainless steel..... appliances, built-in microwave, built-in oven and a separate cooktop, breakfast bar, and pantry. A dedicated bar area adds even more entertaining appeal with its own sink, wine cooler, counter space, and bar seating. Adjacent to the kitchen, the formal dining room opens directly to the back deck. The main level offers a private primary suite with walk-in closet and direct access to the back patio with a hot tub, sitting area and outdoor TV. The luxurious primary bathroom features dual sinks and a large walk-in shower. Also on this level are a guest bedroom, office/den, and a spacious laundry room with sink, cabinetry, and storage closet. Every bedroom has its own private bathroom, providing comfort and privacy for family and guests. Upstairs, a spacious loft overlooks the great room and leads to two additional bedrooms. Above the attached garage, separate guest quarters provide added flexibility with its own entrance, bathroom with walk-in shower, closet, and private balcony. Outdoor living is truly exceptional. A huge covered wraparound deck offers multiple seating areas, heaters, an outdoor TV, and peaceful forest views. Step outside to enjoy the hot tub, additional seating area, outdoor TV, grill and pizza oven area, and a firepit gathering space - everything you need for memorable evenings under the pines. The property also offers in-floor heating, an attached 3-car garage with a woodstove and a storage room, a detached 1-car garage with electricity and attached carport, plus an open garage for storing recreational toys and equipment. From the beautifully furnished interiors to the expansive outdoor living spaces and impressive garage accommodations, this is more than a mountain cabin - it is a private retreat designed for gathering, relaxing, and making lasting memories in the pines.
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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