5880 MARMALADE LANE
About This Property
Tucked inside a secure, well-kept gated community, this 4 bedroom, 2.5 bathroom home with a den/office gives you over 3,300 square feet of well thought out living space and a layout that just makes sense.
Out back is where it really hits. You've got a saltwater pool surrounded by cool deck travertine pavers and a high, lofted screened enclosure that makes the whole space feel open while still giving you the comfort of being covered from bugs and debris. It's the kind of backyard setup you'll actually use and enjoy - with little to no maintenance from the turf installed along the sides of the home.
Inside, there's no shortage of storage here. Closets, extra space, and a floor plan that gives you room to spread out without wasting square footage. The home also features plantation shutters throughout, new bedroom carpet, a 2025 water heater, 2025 AC with UV light, and a new water softener.
The safety and security of the solar panels with Tesla battery backups are a huge advantage. A lot of people have solar panels, but 2 battery backups on top of that create huge value. Keep the AC running, keep the fridge cold, and worry a whole lot less when the weather turns. Frontier fiber optic internet is already in place too, which is great whether you work from home, stream everything, or both.
The 2 car garage is more than just a place to park, with shelving and a workbench setup already done for you.
This is a solid, well cared for home with upgrades throughout in a gated community where people actually take care of their properties. Big square footage, strong updates, smart features, and a backyard setup that stands out.
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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