42984 HEDGEAPPLE CT
About This Property
The two-story living room offers an impressive sense of space, complete with a cozy fireplace. The family room, located off the kitchen, provides direct access to the deck and backyard, making it the perfect spot for entertaining or relaxing. The updated kitchen is a chef's dream, featuring white shaker cabinets, a subway tile backsplash, a large island, and stainless steel appliances. A custom pantry/mudroom was added off the kitchen, providing extra storage and organization while enhancing the home's functionality. Adjacent to the kitchen, the large dining room is perfect for hosting family gatherings and special occasions.
Upstairs, you'll find four generously sized bedrooms and three full bathrooms, including a spacious primary suite with two walk-in closets and a luxurious en-suite bath. The spa-like primary bath features a frameless glass shower, a 72-inch dual vanity, a standalone soaking tub, and elegant 12" x 24" tile flooring. One of the secondary bedrooms includes its own en-suite updated bathroom, while the remaining two bedrooms share a beautifully updated hall bath.
The fully finished lower level is designed for relaxation and entertainment. It offers a recreation room, a flex space, a full updated bathroom, and plenty of storage, making it the perfect retreat for guests or extended family.
Step outside to the fully fenced backyard, where a new Trex deck overlooks mature trees, offering both privacy and scenic views. The beautifully maintained landscaping is complemented by a lawn irrigation system, ensuring lush, green grass all season long.
For peace of mind, all major systems have been recently updated, including the roof, HVAC, and hot water heater, so you can move in worry-free.
Situated on a quiet cul-de-sac, this home offers direct access to walking trails and green spaces, perfect for outdoor enjoyment. Located in the highly desirable Ashburn Farm community, residents enjoy low HOA fees and access to top-tier amenities, including pools, tennis courts, playgrounds, and scenic trails. Plus, with its prime location near shopping, dining, and entertainment, this home is ideal for any 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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About Ashburn Farm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017