9616 GEORGETOWN PIKE
About This Property
As you enter, the grand double staircase frames the great room beyond, with Marvin windows (with patented sliding screens) that span the northeast side of the home. Entertain in high style and ease throughout the formal and informal spaces that flow seamlessly to the large, elevated deck overlooking the private yard. The gourmet kitchen is complete with top-tier stainless steel appliances including Subzero and Wolf, a Miele barista espresso machine, a large center island with bar seating, a main and prep sink, and gorgeous cabinetry. Adjoining the kitchen is an spacious and open breakfast area. Work or study at home with two home offices on this level, one of which with its own private entrance. Also on this level is a second family room, second kitchen, sunroom, main level bedroom suite, and a powder room.
Upstairs, each of the 4 bedrooms has an en-suite bath and walk-in closet. Need a private retreat? This luxurious primary suite has it all: two walk-in closets, a breakfast or reading nook, and a sitting area with a gas fireplace that adds convenience and warmth. French doors lead to a spacious terrace and allow natural light. The primary suite bath has an oversized steam shower, jetted Kohler tub, and dual vanities.
The lower recreation level has two sitting areas, one of which with a gas fireplace, a bar with wine cooler, sink, refrigerator and freezer, home gym, home theater, a bedroom suite, and plenty of storage. This level is a walk-out to a 1500 sqft patio beneath the maintenance-free deck, and the private back yard that is ready for a pool. Make this luxury 15,000+ estate yours for under $340 per square foot!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | In contract | - | |
| In contract | |||
| Nov 27, 2022 | Listed by Long & Foster Real Estate, Inc. | $4,980,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Oct 31, 2022 | No longer available | - | |
| No longer available | |||
| Aug 28, 2022 | Price Decreased |
$5,249,000
↓ $150K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017