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2274 PEERLESS Lane W
About This Property
Set on an expansive lot with mature wooded views, the partially fenced backyard offers a peaceful sense of privacy that is hard to find. An extended patio creates an inviting space for outdoor dining and entertaining, while the generous yard provides plenty of room for a future pool, play area, garden, or custom outdoor retreat.
Inside, the bright and spacious floor plan offers multiple living and dining areas, providing exceptional flexibility for both everyday living and entertaining. Whether you need a home office, playroom, media space, or additional lounge area, the layout easily adapts to your needs. Imported Italian tile flooring extends through the primary bedroom, living spaces, and foyer, adding a timeless and elevated feel, while the additional bedrooms and kitchen feature premium luxury vinyl plank flooring that is scratch-, stain-, and water-resistant.
The kitchen offers ample cabinetry and workspace, a breakfast bar, and a comfortable breakfast nook, along with an upgraded stove, dishwasher, and microwave. A split-bedroom layout provides added privacy, with the spacious primary suite featuring a garden tub, separate shower, and walk-in closet. An upgraded HVAC system, approximately two years old, provides additional peace of mind.
With its oversized homesite, quiet cul-de-sac setting, flexible floor plan, quality flooring upgrades, and convenient location, this Sutton Lakes home offers a wonderful balance of privacy and accessibility. Enjoy being close to the beaches, shopping, dining, entertainment, and everyday conveniences while having the space to create a home that truly fits your lifestyle.
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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 14, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $385,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Mar 1, 2004 | Sold | ||
| Sold | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017