2288 E ASTER Drive
About This Property
The fully remodeled kitchen pairs with a remodeled butler's pantry connecting the kitchen and garage, adding prep space and storage. It looks even better in person!! Quartzite countertops, high-end appliances, new flooring throughout, and all-new windows and doors complement the updates. The double-sided fireplace brings warmth to the family room and adjoining living and dining area. A downstairs bedroom and remodeled bath with a shower add... flexibility. Upstairs, the primary suite offers a walk-in closet, dual sinks, and a separate tub and shower.
The spacious north-facing backyard features a covered patio, a pool with a water feature, and lighted park-like landscaping with artificial turf. The 3-car garage includes epoxy flooring and side-door access to a large enclosed side yard with double gates.
Improvements include the 2024 interior remodel, 2025 yard remodel, and replacement of both A/C systems and the water heater in 2025. A pool pump replacement and water softener and reverse osmosis improvements were completed in 2024. Walking and biking paths, a nearby city park, and access to shopping and freeways complete this amazing setting.
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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.
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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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About Chandler
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017