8340 Marchant Avenue
About This Property
Step inside to be greeted by a spacious entryway with soaring ceilings and luxury vinyl plank flooring that flows throughout the main level. The versatile office or bonus room, framed by elegant French doors, offers flexibility for work or relaxation. The expansive living room is warm and inviting, centered around an attractive pellet stove fireplace. The chef's kitchen is both stylish and functional, boasting granite countertops at the center island, an oversized pantry, and a convenient coffee bar. Nearby, the laundry room features built-in cabinetry, adding to the home's practical charm. An additional office on the main level can easily function as a fifth bedroom, and a well-placed half bath completes the downstairs layout.
Upstairs, you'll find four generously sized bedrooms and two full bathrooms, including the spacious primary suite. The primary bedroom is a true retreat, featuring a walk-in closet and an en suite bathroom with a shower, tub, and dual sinks. The hall bath also offers dual sinks, making busy mornings a breeze.
Additional features include a reverse osmosis and Pelican water filtration system, as well as a 10KW owned solar system with a Tesla charger-perfect for modern, sustainable living, and you'll find a cozy chicken coop ready for your feathered friends to settle in, plus a generous garage perfect for storage or hobbies.
With its prime location, thoughtful layout, and impressive amenities, 8340 Marchant Avenue is more than just a home-it's a lifestyle. Don't miss your chance to make it yours!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | Listed by Platinum Properties | $999,999 | |
| Listed by Platinum Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017