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14536 GRASSY COVE CIRCLE
About This Property
Upon entering, you are greeted by an elegant wood staircase leading to the second floor, with stunning tile flooring flowing throughout the main level. Straight ahead, the inviting family room sets the tone for relaxed gatherings and everyday living.
To the right, a fully upgraded kitchen features elegant finishes and opens seamlessly into a charming dinette area and a spacious dining room tucked just behind, perfect for hosting family dinners and entertaining guests. From there, step directly out to the screened-in pool, making indoor-outdoor living easy and functional.
Also on the main level, a versatile bonus room offers endless options as an additional bedroom, home office, or fitness space.
Upstairs, a hardwood-floored hallway leads to four generously sized bedrooms. The primary suite offers a spacious retreat with a large bathroom, dual sinks, updated shower, soaking tub, and an expansive walk-in closet.
Step outside to your private outdoor space. Enjoy a screened-in pool, large deck, and generous backyard, all backing to a peaceful conservation area with no rear neighbors.
Beyond the aesthetics, this home delivers on the major systems buyers care about. The roof is less than one year old, the AC system is approximately 3 to 4 years old, and the tankless water heater was replaced this year. The electrical panel is the original Square D panel.
This home also features solar panels, offering meaningful energy savings. Prior to installation, the average electric bill was around $400 per month. With solar, the current cost is approximately $160 per month plus a $45 meter fee, bringing the total to about $205 per month. That's an estimated savings of $195 per month.
This exceptional 4-bedroom, 2-bath home with a bonus room and 2,290 square feet of thoughtfully designed living space is a must-see. Schedule your private 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%.
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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