8010 GLENDALE DRIVE
About This Property
The main level features beautiful hardwood floors throughout and a layout designed for both everyday living and entertaining. The welcoming living room includes custom built-ins and a gas fireplace with a Heatilator, creating a warm and inviting space. A formal dining room provides the perfect setting for gatherings, while a second family room offers a cozy retreat with plush carpeting, abundant natural light from French doors, and direct access to the patio and backyard.
The kitchen addition, creates a generous workspace with Corian countertops, a second prep sink, built-in desk, and coffee bar. Just off the kitchen, the sunroom addition offers a bright space to relax year-round. Recently upgraded with new windows to extend seasonal use and an epoxy floor, it provides a seamless transition between indoor comfort and outdoor living. A full bathroom on the main level adds additional convenience.
Upstairs, you will find five bedrooms, including a spacious primary suite with a walk-in closet and private en-suite bath featuring a standing shower. Four additional bedrooms share a well-located hall bathroom. One bedroom includes access to a walk-up attic, offering excellent additional storage along with recently added insulation.
The finished lower level provides even more living space and includes a wood-burning fireplace, creating the perfect setting for a recreation room, media area, or flexible family space.
Outside, enjoy the privacy and space of this exceptional lot along with a patio ideal for outdoor gatherings. The home also features an oversized two-car garage with additional space perfect for a small third car, workshop, or storage, plus a driveway that offers ample additional parking.
Residents of Clover Hill enjoy access to wonderful neighborhood amenities including walking trails, baseball fields, soccer fields, lacrosse fields, tot lots, a clubhouse, and optional pool membership. The optional HOA membership also includes trash service and access to the community pool, giving buyers flexibility while still enjoying the benefits of the neighborhood.
This is a rare opportunity to own a spacious home on one of Clover Hill's most desirable lots while remaining just minutes from everything Frederick has to offer.
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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 Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017