437 NARROWLEAF Drive
About This Property
Downstairs has an open layout that's perfect for entertaining. The kitchen is light and bright with 42'' cabinets, quartz counters, tile backsplash, a big island, and stainless steel appliances. There's even a whole-house water softener and reverse osmosis system at the kitchen sink. The kitchen flows right into the dining area and spacious family room, which features a custom media wall and sleek electric fireplace. The triple sliders bring in tons of natural light and open up to a screened, covered lanai-plus, the sliders have remote-controlled blackout shades for privacy.
You'll also find a guest bedroom and full bath downstairs, perfect for visitors or an in-law setup. Beautiful luxury vinyl plank flooring runs throughout the main floor.
Garage has been updated with epoxy resin garage floor. And whole house gutters have been added!
Upstairs, there's a large bonus room, three roomy secondary bedrooms, a full bath, and a spacious owner's suite with large walk-in closet and luxurious bath. The laundry room is conveniently located upstairs too and comes with custom cabinets and shelving.
The backyard is fully fenced, and the front porch is the perfect spot to watch the sunset over the lake.
Living in RiverTown means access to amazing amenities. From the RiverClub with its waterfront dining, boardwalk, and Oasis pool, to the RiverHouse and the brand-new RiverLodge with a lazy river, gym, and kayaking lakeyou'll never run out of things to do. Enjoy tennis, pickleball, yoga, and concerts at the amphitheater, or hop on your golf cart and cruise the miles of scenic trails that connect the whole community. And coming Fall 2025, RiverTown will have its own K-8 school right in the neighborhood!
This one checks all the boxescome see why RiverTown is such a great place to call home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017