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4641 Poplar Ridge Drive
About This Property
Inside, you'll immediately notice the quality improvements, including two brand-new Lennox HVAC systems, spray foam attic insulation for outstanding energy efficiency, and a whole-house water filtration system with fluoride filtration, providing cleaner water throughout the entire home. These major upgrades offer peace of mind, improved comfort, and lower utility costs.
The interior layout is both functional and spacious, featuring frameless glass doors leading into a private office, a large dining room perfect for gatherings, and a laundry room with sink for added convenience. The garage includes durable epoxy floors and a side entry, enhancing both appearance and usability.
The first-floor primary suite offers privacy and comfort, while the additional bedrooms are generously sized with walk-in closets. In addition to the dedicated media room and private office, the home also includes a bonus loft living area, giving you extra flexible space for a second living room, playroom, study area, or home gym.
The kitchen showcases custom cabinetry, upgraded appliances, and quality finishes, opening to comfortable living spaces ideal for everyday life or entertaining guests.
Located in a community with HOA amenities including a pool with slides, this home offers a resort-style feel while also delivering the efficiency and reliability of major mechanical upgrades that are rarely found in similar homes.
Washer and dryer may convey with competitive offers.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017