8207 Schooner Lane
About This Property
Inside, you will find a fresh, modern feel with thoughtful updates throughout. The kitchen has been freshly renovated with new cabinets, quartz countertops, stylish backsplash, and brand new appliances. New vinyl flooring enhances the kitchen and bathrooms, while new carpet adds comfort in the bedrooms. Both bathrooms feature new vanities, mirrors, toilets, updated lighting, and a new tub and shower surround in the hall bath. Fresh interior paint, updated light fixtures, and new closet and pantry shelving make the home truly move in ready. The exterior has also been freshly painted for great curb appeal.
The spacious primary bedroom offers a comfortable retreat, and the generous living area is centered around a cozy wood burning fireplace. A covered front porch and rear patio create inviting outdoor living spaces, while the detached two car garage with dedicated work bench area provides ample parking and storage.
Located approximately one mile from charming downtown Matthews and just minutes to Providence High School, The Arboretum, Carolina Place, and I-485, this home combines everyday convenience with the character of an established community. With major updates already completed, this is a fantastic opportunity to enjoy a refreshed home on a large lot in one of the area's most desirable locations!
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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 Sardis Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017