8338 Bluegrass Cir
About This Property
With southern exposure and a bold black accent wall under soaring vaulted ceilings, the living room makes a statement the moment you walk in. Newer wood-look laminate floors tie it all together, it's modern and move-in-ready.
The kitchen stands out with a chic two-tone design-gray base cabinets and crisp white upper cabinets. Upstairs, the primary suite features dual closets and a private bath, plus two more bedrooms. The finished basement gives you flexibility with a large hangout area and rec room that can be anything you want-game room, gym, media room, plus a bedroom or office.
Sitting on an extra-large corner lot and no HOA, this home gives you both freedom and privacy.
Major updates are already done for you-new roof (2023), exterior paint (2023), interior paint (2023), and water heater (2022).
Conveniently close to E-470 and Jordan, Trader Joe's, Costco, trails, parks, and great dining-you're set for both everyday living and weekend adventures.
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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