8300 Alophia DR
About This Property
At the front, a secluded office provides a quiet workspace, while the adjacent formal dining room offers flexibility to be used as a study or sitting room. The open concept living room connects seamlessly with the kitchen and dining areas, creating a spacious atmosphere filled with natural light.
The kitchen is equipped with stainless steel appliances, ample counter space, an elongated breakfast bar with extra seating, a center island with built-in storage, and an adjacent dining area with peaceful backyard views.
The primary suite is thoughtfully placed on the main level, nestled at the back of the home, boasting high ceilings, large windows, a walk-in closet, and an ensuite bathroom with a dual vanity, modern glass-enclosed shower, soaking tub.
Upstairs, a large second living area is perfect for a game or family room, accompanied by three spacious guest bedroom, two full bathrooms, and a linen closet. One guest bedroom includes its own ensuite bath, ideal for guests, while the other two share a full bathroom with a privacy door for convenience.
The spacious covered porch is big enough for a TV and multiple seating areas, ideal for hosting! The yard is landscaped with custom steel edging, limestone pavers, and rock pathways that lead to a fire pit with Adirondack chairs. Thoughtful additions, such as landscape lighting, make this outdoor space perfect to enjoy day or night!
The home has been professionally inspected, and a full inspection report is available in documents.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Price Decreased |
$724,900
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Oct 18, 2024 | Listed by Bramlett Residential | $749,900 | |
| Listed by Bramlett Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017