8 Clover Drive
About This Property
Step onto the inviting covered front porch and enter a warm living room featuring a cozy wood-burning fireplace, perfect for relaxing evenings. The informal dining room flows seamlessly into the kitchen, which boasts Silestone countertops, stainless steel appliances, and a convenient double oven-ideal for entertaining and everyday living.
Just off the kitchen, enjoy the serene views from the sunroom overlooking the private backyard, perfect for morning coffee or quiet reading time.
The outdoor space is truly a highlight, with a stunning enclosed pool area, waterfall, paver patio, and plenty of room to host summer gatherings. The property features both a one-car attached garage and a detached two-car garage with a rear door that opens into the pool area, providing excellent flexibility and additional covered space.
Additional features include: Central air (second floor only and den), generator hook-up, 200 amp electric service, young pool liner and heater, and inground sprinklers. Hauppauge schools. Enjoy proximity to Blydenburgh Park and the Town of Smithtown beaches, where outdoor recreation is just moments away.
This home is a rare find in an exceptional neighborhood-don't miss your chance to make it yours!
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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 Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017