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8511 Ganttcrest DR
About This Property
Step inside the elegant entry hall, lit by a beautiful chandelier, and experience a bright, open layout that lives large. The spacious living area features upgraded lighting and ceiling fans throughout, high ceilings, and a seamless flow into the heart of the home-your dream kitchen. In the kitchen you will enjoy custom, waist-high Shaker cabinets with built-in wine glass and bottle storage, a spice rack, and pull-out drawers for pots and pans. The Silestone countertops and waist-high counters add both beauty and functionality, complemented by stainless steel appliances. Both bathrooms include custom Shaker cabinetry and Silestone counters for a cohesive, upscale feel.
The newly renovated primary suite (2023) offers a private retreat with an updated bathroom featuring custom tiled flooring, niches in the walk-in shower, a double vanity, and a garden tub-all designed for comfort and style. Additional features in the home include walk-in closets in all bedrooms, a nice-sized utility room off the garage with direct access to the kitchen, a beautiful stone walkway in the front yard and custom Texas stone patio in back. Mature shade trees and peach trees in the lush filled yard make spending time outdoors a must.
This smaller home offers an efficient layout that feels open and spacious, perfect for those who value quality design, convenience, and a touch of nature. ***HVAC replaced in 2017, water heater replaced in 2023***
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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 10, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Friedman Real Estate, Inc. | $525,000 | |
| Listed by Friedman Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017