43332 CLARECASTLE DR
About This Property
The entryway opens to a grand two-story foyer, leading to the formal living and dining rooms adorned with crown molding and shadow box finishes.
The soaring two-story family room is bathed in natural light through a wall of Palladian windows and features a cozy gas fireplace.
The eat-in kitchen boasts an 8-foot custom granite-topped island, ample counter space, a backsplash, stainless steel appliances, abundant cabinetry, a walk-in pantry, and a built-in desk area-perfect for entertaining!
A private office with glass doors is conveniently tucked away. Both the main and upper levels feature engineered hardwood flooring, while custom plantation shutters frame the main level windows. Updated lighting and door hardware enhance the home's modern appeal.
The owner's suite is upstairs, offering a cathedral ceiling, sitting room, two closets with built-in shelving, and a renovated ensuite bathroom. The spa-like bath features quartz-topped dual vanities with soft-close drawers, a freestanding soaking tub, a frameless shower, and floor-to-ceiling tile.
Three additional bedrooms are also located upstairs-one with a private ensuite bathroom and two that share a Jack-and-Jill bathroom with dual sinks.
The lower level is an entertainer's dream, featuring luxury vinyl plank flooring, an updated full bathroom, and an incredible private home theater with a stone wall and built-in shelving.
The backyard provides a tranquil escape with a patio and a sprinkler system for easy lawn maintenance.
Conveniently located near major commuter routes, including Route 50 and Route 66, with abundant shopping, dining, and entertainment options nearby.
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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.
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About South Riding
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017