1203 VAN BIBBER RD
About This Property
FREE BUILDER BUYDOWN = LOWER PAYMENTS IMMEDIATELY. Read below to see how this incredible incentive works!
Purchase Price: $534,888 | Example Scenario Based on 10% Down | Loan ≈ $481,399
Qualified buyers may have options to put down LESS than 10% - including eligible VA buyers who may qualify for ZERO money down financing. Lower down payment options are available for qualified buyers and would simply adjust the monthly payment accordingly, creating additional flexibility depending on your goals and financing needs.
Thanks to incredible incentives from Gemcraft Homes and their preferred lender Envoy Mortgage, buyers can take advantage of a FREE 2/1 interest rate buydown. Scenario Based on 10% Down | Loan ≈ $481,399: dropping your payment to approximately $2,260/month in Year 1, around $2,550/month in Year 2, and then returning to the standard payment in the upper $2,000s / lower $3,000s thereafter. That's roughly $400–$700+ LESS PER MONTH upfront, equaling THOUSANDS in savings when you need it most.
Welcome Home! Nestled on a beautiful 2.24-acre lot. WOW THAT'S A LARGE LOT!! Stunning new construction home by Gemcraft Homes offers the perfect blend of modern comfort, style, and peaceful surroundings. The Hamilton model features 2,900 sq ft of thoughtfully designed living space with 4 spacious bedrooms, 2.5 baths, and an open-concept layout made for both everyday living and entertaining.
From the moment you enter, you'll love the bright and airy feel with 9-foot ceilings, a welcoming foyer, and a flexible bonus room perfect for a home office, playroom, or cozy sitting area. The heart of the home is the gorgeous gourmet kitchen featuring granite countertops, stainless steel appliances, a center island, and plenty of space to gather with family and friends. The adjoining great room with electric fireplace creates the perfect spot to relax and unwind after a long day.
Upstairs, escape to the spacious owner's suite complete with a luxurious private bath and oversized walk-in closet. Three additional generously sized bedrooms, a full bath, and convenient second-floor laundry complete the upper level.
The unfinished basement with bathroom rough-in offers endless potential to create the space of your dreams - whether it's a home gym, media room, or entertaining space. The basement already includes an egress window and is ready for a potential 5th bedroom.
Enjoy the privacy of country-style living while still being just minutes from I-95, APG, shopping, dining, parks, and the Bush River waterfront. If you've been searching for a brand-new home with space to breathe, room to grow, and incredible savings built right in, this one is a must-see!
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$499,888
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$514,888
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 26, 2026 | Price Decreased |
$524,888
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Keller Williams Gateway LLC | $534,888 | |
| Listed by Keller Williams Gateway LLC | |||
| Apr 9, 2026 | Price Decreased |
$534,888
↓ $10K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017