21217 TIGER LILY PLACE
About This Property
Set on a flat, fully fenced lot framed by mature trees and professional landscaping, the backyard is both expansive and private, ideal for pets, entertaining, or simply unwinding outdoors.
Inside, high ceilings and abundant natural light create an airy, welcoming atmosphere. The great room serves as the heart of the home, featuring a vaulted ceiling and a classic wood-burning fireplace that adds warmth and character. A new staircase banister and hardwood flooring (2023) elevate the main level, while most lighting fixtures have been updated for a fresh feel.
The eat-in kitchen blends everyday functionality with recent upgrades, including new countertops and sink (2026) and WiFi-connected appliances (2023). Smart home features continue throughout, including the LG washer and dryer, Nest smoke and CO₂ detectors, Nest doorbell camera, and smart garage door access.
The main-level primary suite offers ease and flexibility, complete with a walk-in closet and a renovated en-suite bath (2026). The main-level hall bath was also redesigned in Summer 2023, adding to the home's move-in-ready appeal.
Upstairs, three additional bedrooms, complemented by an updated full bath (2025) and reglazed tub (2024).
The finished lower level significantly expands the lifestyle footprint. Completely refreshed in 2024 with new carpet and fresh paint, this space features a large recreation room with wet bar, a bonus room with adjacent full bath (renovated December 2025) and closet; ideal for guests, office, or fitness use, plus ample storage.
Major systems have been addressed as well, including new AC installed in 2024.
Beyond the property, the community lifestyle is exactly what you move to Ashburn for. Just steps from one of three neighborhood pools, residents also enjoy interconnected nature trails, playgrounds, tennis and pickleball courts, basketball courts, and a nearby daycare center. Shopping, dining, and everyday conveniences are minutes away.
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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