1880 CLAY DRIVE
About This Property
- New roof
- New HVAC units for all levels
- Complete basement makeover with new French doors and flooring
- New sliding glass doors on main level
- New smart washer and dryer systems
- New BOSCH dishwasher
- New smart refrigerator
- New wooden fence
- Ultraviolet ray air purifying system
- Fresh paint in parts of the home
- 1,000 sq. ft. of unfinished space with extensive storage shelving, ready for expansion or customization
Step inside to a spacious and charming layout, beginning with a beautifully updated kitchen featuring granite countertops and stainless steel appliances. Relax outdoors on the private covered deck off the family room or the inviting Southern-style front porch.
The convenience of one-level living is a standout feature, with the primary bedroom, large bathroom with jet tub, mudroom, and laundry all located on the main floor, complemented by hardwood floors throughout.
Upstairs, you'll find three additional bedrooms, a large loft area, a full bathroom, and a newly installed attic HVAC unit for year-round comfort.
The terrace level offers a large Rec Room, a wet bar complete with a new mini fridge, sink, and cabinetry, along with a bedroom and full bathroom. With its own separate entrance, this space is ideal for a private suite, offering both privacy and convenience. An additional 750 sq. ft. of unfinished space, complete with shelving, provides ample storage or potential for easy expansion.
The property also features a spacious 2-car detached garage with a walk-up unfinished area above (approximately 250 sq. ft.), offering even more potential for customization.
With approximately 1,000 sq. ft. of unfinished space (in addition to the 3,257 sq. ft. of reported living area), this home offers endless opportunities for expansion, personalized design, and increased property value.
The home sits on a generous lot with a fully fenced backyard, providing a long, extended space perfect for outdoor activities. Enjoy a mix of sun-filled open areas and shaded sections for relaxation. Direct access to a scenic trail system and tranquil lakes right behind the house makes this property an ideal retreat for nature lovers and outdoor enthusiasts.
Located in the heart of Crozet, this prime spot is just a short stroll from the library, Piedmont Place, Old Trail restaurants, and Crozet Trails. A quick drive will take you to Pro Re Nata Brewery, the picturesque Chiles Peach Orchard, and several nearby wineries, ideal for enjoying local flavors and scenic views. Schools are easily accessible by foot or bike, with sidewalk-lined streets and dedicated bike lanes ensuring pleasant commutes.
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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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Price Decreased |
$729,000
↓ $70K
(8.8%) | |
| Price Decreased | |||
| Aug 28, 2024 | Price Increased |
$799,000
↑ $70K
(9.6%) | |
| Price Increased | |||
| Jul 14, 2024 | Listed by Select Premium Properties, Inc | $729,000 | |
| Listed by Select Premium Properties, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017