8309 CHIVALRY ROAD
About This Property
As you enter the home you'll love the spacious floor plan offering nearly 3000 square feet of living space on three levels. The living room features beautiful hardwood floors with plenty of space for formal entertaining. Across the foyer, you'll find the elegant dining room that opens to the gourmet chef's kitchen. Make your way to the back of the home where you'll be wowed by the light-filled kitchen and family room with views of the serene backyard. The chef's kitchen has been meticulously renovated with stainless steel appliances, granite countertops, ample white cabinets, and a large island. The family room features an exposed brick mantle with a wood-burning fireplace and custom skylights that provide additional natural light throughout the space. The family room opens to a large deck overlooking the tastefully landscaped backyard. An updated powder room and laundry room complete the main level.
Make your way to the upper level where you'll find a terrific owner's suite with two large walk-in closets and a renovated en-suite bathroom with dual vanities. Also upstairs are three additional sizable bedrooms with great closets. Completing the upstairs is a renovated hall bathroom with a modern dual vanity, gorgeous tile floors, and a shower/tub combo.
With walk-out access to the backyard, the lower level offers ample room for storage and is an ideal space to be finished as a recreation room, an additional bedroom, or a home office. The fully fenced backyard and expansive deck are perfect for entertaining large crowds or enjoying quiet Fall evenings at home. Enjoy the best of both worlds with spacious, private living just minutes from the shopping, dining, and entertainment that the Mosaic District offers, as well as easy access to many commuter routes and several parks and trails. This home is the perfect 10!
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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%.
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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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by RE/MAX Realty Services | $849,000 | |
| Listed by RE/MAX Realty Services | |||
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $685,000 | |
| Listed | |||
| | |||
|
PRICE REDUCED****Over 3,000 sqft of usable living space~Turn-Key~ Center Hall Colonial w/Updates Throughout! 4 bdrms w/over-size 2-car Garage, Gorgeous Hardwd Flrs Thruout, Mstr bth w/Carrara Marble & 2 wlkin closets, Country Kitchen-w/stainless appl*in sought after Camelot Neighborhood**Wlkng/Bike Trails, mins to 495/95 Express Lanes, Mosaic Center & 2 Metro Cntrs The manager has listed the unit size as 3000 square feet.
| |||
| Jul 29, 2017 | Listed by RE/MAX Realty Services | $697,000 | |
| Listed by RE/MAX Realty Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017