37
Map
109 Clipper Court
About This Property
Realize Instant Equity! This property is priced below appraised value, this is a rare opportunity to build instant equity while enjoying a home that truly stands out from current options in Chandlers and surrounding cities.
Major systems have been modernized for worry-free living. The home features a whole-house PEX plumbing re-pipe, water heater relocated from the attic to the garage, new roof (2026), full gutters, and all front-facing rooms feature premium Anderson replacement windows (2024 install) paired with wooden blinds and solar screens throughout for high energy efficiency. Electrical upgrades include an expanded breaker panel and whole-home surge protector.
Inside, hardwood flooring extends continuously through the living areas, den, and all bedrooms-completely carpet-free! The kitchen offers granite countertops and custom tile backsplash. The laundry room includes a stainless sink, custom quartz-top cabinet, and built-in shelving.
EXTRA LIVING SPACE! Enjoy ADDITIONAL living area square footage (not included in the 2,355 so not taxed). Enjoy year-round relaxation in the converted, climate-controlled 4-season sunroom featuring dedicated HVAC and slate tile. Step outside to a private, low-maintenance backyard paved with a custom flagstone courtyard covering access and patio areas.
The MASSIVE 3-car 730+ sq ft garage w raised ceiling in 3rd stall to accomodate an additional vehicle on your lift, holding a 4th car (previous owner's lift shown is excluded from this listing). Plus EXTRA GARAGE WORK or STORAGE SPACE (an upgraded feature added when built) built-in overhead storage shelving, extra lighting.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2026 | Listed by Legacy & Co. Real Estate LLC | $459,000 | |
| Listed by Legacy & Co. Real Estate LLC | |||
| Nov 2, 2026 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017