307 PATSY CT
About This Property
Upon arriving at the home, you will be met by a grand entrance, featuring high ceilings and elegant chandelier. Off of the entrance you will find French doors that lead to the spacious office/study. Hardwood flooring throughout the main level flows thru an open floor plan featuring the Living room, Dining Room, and Kitchen. The Living Room and Dining Room feature crown molding and chair rail. Off of the kitchen you will find the cozy family room with skylights and a gas fireplace. The spacious kitchen features granite countertops, center island, custom cabinets, unique backsplash, stainless steel appliances, recessed lighting, double stainless sink and spacious pantry. Off of the kitchen is a 3 season Sun Room which overlooks a large backyard, an outdoor patio with EP Henry Pavers, great for entertaining family and friends. A 12 zone sprinkler system keeps the expansive front and back yards and attractive landscaping in great condition.
On the 2nd floor you will find 4 bedrooms with 2 full bathrooms. The Master bedroom includes a
walk in closet, a separate sitting room and soaking tub.
The large basement that offers you endless options, is currently configured with a game room, sitting area and a home theater.
There is a dry bar area with wine cooler and high hat lighting.
Sellers are including the big screen tv and projector with the
Purchase.
Additional features include a 3 car garage, 75 Gallon Bradford
White water heater, 2 zone Lenox Heating System and Osmosis
Smart Thermostat with most rooms featuring ceiling fans.
Riverwinds Membership is offered to Nottingham Estates Residents. Close to nature trails and West Deptford Park. Easy Commute to Route 295 and everything the city has to offer.
Seller is currently looking for mid to late August Settlement, due to completion of new construction.
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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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About Gloucester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017