8336 JORDAN VALLEY WAY
About This Property
The wood flooring throughout the main level adds to the elegance of the home, and the chair and crown molding in the dining room create a formal yet comfortable space for entertaining. Main level office directly off the foyer adds to a great work space. The kitchen is well-appointed with stainless steel appliances, granite countertops, and an island for additional prep space or seating for having a meal. The breakfast table and family room directly off the kitchen with a gas fireplace create a cozy gathering place for family and friends.
The large primary bedroom with wood floors and a dream walk-in closet is sure to impress. The primary bath with a soaking tub and separate ceramic surround shower, his and her vanities with beautiful ceramic flooring, and ample storage space make for a luxurious experience.
The finished lower level with walkout to a paver patio provides additional living space. The lower level also includes a full bath and a room that can be used as a guest bedroom, office, or playroom. Plenty of storage space in the basement is also a great feature.
The deck off the kitchen with stairs and ample space for entertaining, as well as the additional patio area under the deck, make for a great outdoor space. The newer HVAC system and new architectural roof provide peace of mind, and the laundry room on the main level off the garage adds convenience.
Backed up to the Clover Hill Community park with walking paths and a community pool, this home offers a peaceful and enjoyable neighborhood experience. Additionally, the lack of no city taxes and availability of city water and sewer add to the home's appeal.
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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