9615 LOW MEADOW DR
About This Property
The grandeur of the home is immediately apparent as you approach the covered front porch, a perfect spot to savor your morning coffee or adorn with festive decorations during the holiday season. Step inside the welcoming foyer, where hardwood floors and an open staircase set the tone for the elegance that awaits.
To the left, the formal dining room beckons with its classic charm, adorned with columns and chair rail molding-a perfect setting for hosting memorable dinners with loved ones. To the right, two adjoining rooms share a full jack and jill bath, offering versatility for use as home offices, guest rooms, or in-law quarters.
Continuing down the hall, you're greeted by the spacious family room, featuring engineered hardwood floors and a cozy gas fireplace. Adjacent is the large kitchen, a chef's delight with pine cabinetry, granite counters, a generous island, stainless steel appliances-including a double oven and gas stove-and ample space for family gatherings. A laundry room, half bath, and access to the garage complete the main level.
Beyond the kitchen lies a delightful, screened porch with Trex decking, providing a serene retreat overlooking the peaceful treelined backyard-a perfect oasis for enjoying nature's beauty.
Venture upstairs to discover five spare bedrooms, offering plenty of space for family and guests. Two bedrooms share a jack and jill bathroom, while the others enjoy access to a full bath in the upper hallway. The expansive primary suite boasts cathedral ceilings, his and her walk-in closets, and a luxurious primary bath with dual sinks, separate shower, and soaking tub-a private haven for relaxation.
The basement level presents additional opportunities with a second laundry room and access to an in-law suite or potential apartment. This sizable space features a full updated kitchen, a full bath, and a large living area divided by double doors making it usable as a potential bedroom.
The home also boasts modern amenities, including dual-zoned heating with a new HVAC system, a newer roof (approx 6 yrs old), a large parking pad for additional vehicles, a 30-amp hookup for a boat or camper, a shed, and a hot tub (conveys as-is).
With its endless possibilities for large families with 6 full bedrooms on upper level (and the potential for 2-3 more), multi-generational living, or rental income, this remarkable home is sure to capture the hearts of those seeking space, comfort, and flexibility. Also, no HOA! Don't miss your chance to make it yours! Schedule your showing today.
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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