12649 THUNDER CHASE DRIVE
About This Property
Inside, the home has been thoughtfully renovated with modern upgrades and timeless finishes. The main level features hardwood flooring throughout and a completely remodeled kitchen with craftsman-style cabinetry, light granite countertops, stainless steel appliances, and updated lighting. The enclosed sunroom, fitted with a Mitsubishi heating and cooling unit, is ideal for morning coffee, a playroom, or relaxing evenings all year round. The main floor powder room was also remodeled in 2023, adding a fresh, stylish touch.
Upstairs, the spacious primary suite offers a luxurious retreat with a completely renovated bathroom that includes a soaking tub, separate vanities, elegant tile flooring, and a walk-in shower. The hall bathroom has also been updated with new flooring, vanity, and fixtures. Downstairs, the finished basement offers a large recreation space, a third full bathroom, and a bonus room that the current owners use as a fifth bedroom; perfect for guests, a home office, or extended family living.
The fully usable, flat backyard backs to wooded parkland, offering year-round privacy and the perfect outdoor space for pets and families. Recent upgrades include a new roof and front gutters in 2023, HVAC and heat pump in 2021, hot water heater in 2024, all windows and sliding doors to the sunroom in 2020, a washer in 2023, dryer in 2020, refrigerator and microwave in 2021, dishwasher in 2020, and garbage disposal in 2024.
With move-in-ready updates, flexible living spaces, and a location that puts you minutes from major commuter routes, shopping, dining, and nature trails, this home is the complete package.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017