32661 Clearvail Drive
About This Property
As you enter, you're greeted by the formal living and dining area. Just beyond is the family room featuring a stone fireplace. The family room flows into the kitchen complete with a center island, refinished cabinets with a high-quality lacquer finish, dark stainless LG appliances, and space for a breakfast or dining area. Laminate flooring runs through the living, dining, family room, and primary bedroom, complemented by custom interior paint, 4" baseboards in main areas and the primary suite, ceiling fans in every room, and a whole house fan. Anderson windows in the kitchen, family room, and primary bedroom provide abundant natural light.
Upstairs you'll find the spacious primary suite with a fully remodeled bathroom, along with three additional bedrooms, a full hall bathroom, and a convenient upstairs laundry room.
Step outside to an entertainer's dream backyard featuring a custom rock pool and spa with waterfall, mature landscaping, front and rear hardscape, and low-maintenance turf in both the front and backyard. The outdoor space also includes a bar/BBQ area and a large Alumawood patio cover with ceiling fans and power outlets. Additional highlights include vinyl fencing, custom molding around both sliding doors, wired internet for TV and office, and built-in garage cabinets with overhead storage.
With approximately $100,000 in recent improvements since 2022 (not including the pool), this home offers a great combination of comfort, style, and outdoor living.
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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.
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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Arrive Real Estate | $730,000 | |
| Listed by Arrive Real Estate | |||
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About Vail Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017