7417 Sparkleberry Drive
About This Property
The home features LVP and tile flooring throughout - no carpet anywhere - and has been freshly painted for a clean, move-in-ready feel. The primary bedroom also boasts high ceilings and a bright, open layout, adding to the home's airy atmosphere. A new sliding glass door leads to the back patio, where you can enjoy privacy thanks to mature landscaping and partial fencing on both sides. The home's location is uniquely private, with cul-de-sacs in both the front and back, offering minimal traffic and a serene setting.
Beyond the home itself, you'll love the beautifully manicured sidewalks and landscaping throughout the surrounding neighborhoods, perfect for evening strolls or morning jogs. Enjoy access to miles of scenic walking trails, peaceful ponds, and multiple playgrounds - creating a true community lifestyle.
Additional updates include new window treatments and stylish finishes throughout, making this home truly turnkey. The roof was replaced in 2016, and all major systems are in excellent working order, giving you peace of mind for years to come. An FHA assumable loan is also available, allowing qualified buyers the rare opportunity to secure a low interest rate and added affordability.
This home combines modern updates, smart design, and a vibrant community setting to deliver exceptional value. Don't miss your chance to make this beautifully maintained property your new 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