3615 CHASE HILLS DRIVE
About This Property
Step inside to find light-filled spaces, hardwood floors, and brand-new carpet upstairs. The main level offers a traditional yet open feel with a formal living and dining room, a kitchen featuring granite countertops and stainless-steel appliances, and a cozy family room with a fireplace that opens to a spacious deck and private backyard - ideal for entertaining or quiet evenings outdoors.
Upstairs, you'll find four generously sized bedrooms, including a comfortable primary suite with a walk-in closet and an updated ensuite bath featuring a frameless glass shower, soaking tub, and private water closet. The secondary bedrooms share a well-appointed full bath with double sinks.
Recent updates add both peace of mind and long-term value for the next owner. The HVAC system was upgraded in 2019, and the 50-year GAF Timberline Armorshield II roof (installed October 2018) offers a Best-in-Class A fire rating, Class 4 impact rating, and UL 2218 insurance reduction. Additional improvements include a Navien tankless water heater, updated gutters and exterior wrapping, and epoxy-coated floors in both the basement and garage. Thoughtful enhancements throughout make this home truly move-in ready and built for years of enjoyment.
With its premium location, tasteful upgrades, and inviting layout, this Chase Hill Drive colonial is a rare opportunity in Laurel.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017