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2311 CLERKLEE WAY
About This Property
Offering over 4,000 square feet, this Colonial delivers a layout that feels both open and functional. The main level features hardwood floors, abundant natural light, and multiple living areas that give you flexibility-whether you're hosting, working from home, or simply need space to spread out.
The kitchen sits at the center with granite countertops, ample cabinetry, and an island that naturally becomes the gathering point. It connects seamlessly to the dining and living areas, making everyday routines feel easy and connected.
Upstairs, the primary suite offers a comfortable retreat with tray ceilings, a spacious layout, and an en-suite bath featuring a soaking tub, separate shower, and dual vanities. Additional bedrooms are well-sized and adaptable for guests, home office needs, or both.
The finished basement adds exceptional versatility with a full kitchen, bedroom, full bath, and spacious recreation area-creating the potential for guest quarters, multi-generational living, or even rental income opportunities.
Out back, the deck provides a low-maintenance outdoor space to enjoy, while the yard offers just enough room without the upkeep of a larger lot.
Conveniently located just minutes from Woodmore Towne Centre, you'll have easy access to shopping, dining, and everyday essentials including Wegmans, Costco, and more. Nearby parks and green space add to the overall lifestyle, offering options to get outside and stay active.
This home offers the space, flexibility, and location that make everyday living feel more manageable-and more valuable.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017