4009 Thames Circle
About This Property
Inside, the home has been freshly painted and enhanced with updated interior lighting and newly added hardwood floors upstairs and along the staircase. The living room is highlighted by custom built-ins and a striking stone fireplace, creating a warm and inviting focal point. A first-floor guest suite with a full bath offers flexibility for visitors, multigenerational living, or a private home office.
Outdoor living truly sets this home apart. The exterior has been fully repainted and complemented by new fencing and added privacy trees, creating a serene backyard retreat. An expanded paver patio leads to a natural-gas firepit with lighted built-in seating, while the impressive covered patio features a stone outdoor kitchen complete with built-in grill, flat-top grill, refrigerator, and ice-maker hookup - ideal for year-round entertaining.
Major mechanical updates include newly replaced, zoned natural gas HVAC system, offering comfort and peace of mind. Located in a highly sought-after community, residents enjoy walking trails, a clubhouse, resort-style pool, two playgrounds, river access with kayak launch and pavilion, an 18-hole disc golf course, and an active social calendar. Convenient to shopping and dining and zoned for top-rated Fort Mill schools, this home offers a rare combination of space, privacy, and lifestyle!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017