317 Craftsman Way
About This Property
There are two bedrooms off the front hall and a third bedroom, ideal for a home office or flex space, is located on the adjacent hall where you will also find the laundry area and access to the two-car garage. Passing the fourth bedroom you will enter the open concept living area that serves as the heart of the home. From the dining area, step out to the back patio, where you can enjoy the serene surroundings of this growing community.
The kitchen stands out with white cabinetry, a center island, granite countertops and an appliance package that includes a stove, microwave and dishwasher. The adjoining dining area is perfectly positioned for casual meals or entertaining, while the living room is bright and inviting with views of the backyard. Just off the living area is the spacious primary bedroom with an ensuite bathroom that has dual sink vanity, large shower, and closet designed for optimal storage as well as a linen storage area.
The exterior of this home will feature vinyl siding and a landscaped front flower bed at the entry of the home. An added feature of this home is the Home is Connected® Smart Home package.
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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 |
|---|---|---|---|
| Nov 6, 2026 | Price Decreased |
$302,841
↓ $3K
(1%) | |
| Price Decreased | |||
| Oct 27, 2026 | Listed by DR Horton Realty of Emerald Coast LLC | $305,900 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017