8139 SHOWCASE COURT
About This Property
Step inside the grand two-story foyer, where gleaming hardwood floors flow seamlessly throughout the main level. The heart of the home is the eat-in gourmet kitchen, a culinary enthusiast's dream. Abundant granite countertops, complemented by a stylish granite backsplash and a convenient island with extra seating, provide both functionality and elegance.
The open-concept family room, thoughtfully situated adjacent to the kitchen, fosters effortless social gatherings while preparing meals. A cozy gas fireplace adds warmth and ambiance to this inviting space. For more formal occasions, a separate dining room and living room offer sophisticated settings for entertaining.
Bask in natural light within the sunroom, a delightful retreat featuring vaulted ceilings and expansive wall-to-ceiling windows that flood the space with sunshine. Convenience is key with a main-level bedroom and attached full bathroom, offering flexibility for guests or multi-generational living.
Ascend to the upper level, where four spacious bedrooms await, including the luxurious primary bedroom complete with an en-suite bathroom. Adding to the ease of daily living, the laundry room is conveniently located on this floor.
The lower level unveils an impressive 1,800+ finished square feet, presenting an ideal setup for an in-law suite or au pair suite. This self-contained living space includes a well-appointed kitchen, a comfortable dining area, a large living room, two additional bedrooms, a full bathroom, a separate laundry area, and a private entrance, offering both independence and convenience.
Step outside and discover your own private oasis. The expansive Trex deck offers the perfect spot for relaxation and overlooks the serene, level backyard that gracefully backs to mature trees, providing both privacy and a picturesque backdrop. For even more outdoor enjoyment, a custom-built patio provides additional seating and space for entertaining.
The front of the home boasts meticulously designed landscaping enhanced by extensive hardscaping, adding to the property's curb appeal, along with a irrigation system. Practicality meets convenience with an oversized two-car garage, offering ample space for vehicles and extra overhead storage.
The community offers an in ground pool, tennis courts, community center, walking trails and more!
Roof 3 years old, HVAC 5 and 8 years old on the two units. Water tank approximately 5 years.
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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