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8733 CARDINAL FOREST CIRCLE
About This Property
Inside, the foyer has been opened up, creating an airy introduction with a hallway leading to the kitchen, renovated approximately three years ago with no expense spared. White shaker cabinetry with undermount lighting, glass tile backsplash, stainless steel appliances including a double oven, touch faucet, quartz countertops, and pantry storage on either side of the refrigerator provide both style and function. A unique mobile island with additional storage and breakfast bar can be easily moved and reconfigured to suit your needs.
Adjacent to the kitchen, the family room features a cozy fireplace, built-in bookcase, and sliding glass door opening to the screened porch. Formal living and dining rooms add versatility, with the living room highlighted by a picture window overlooking a Japanese Red Maple tree and the dining room offering French doors to the deck. A renovated powder room completes the main level.
Upstairs, four bedrooms include a spacious primary suite with built-in vanity area, walk-in closet, and fully renovated en-suite bath. Completed approximately five years ago, the bath features a raised ceiling, double-sink vanity, and floor-to-ceiling tiled shower. Two additional bedrooms received new carpeting just weeks ago, while the fourth features luxury vinyl plank flooring that matches the shared full bath, installed in 2026.
The finished lower level provides a recreation room with luxury vinyl plank flooring, decorative ceiling, and laundry room. Outside, a fenced backyard creates an expansive setting for entertaining and relaxing. The screened porch features a cathedral ceiling and opens to a composite deck with built-in seating and planters overlooking the sprawling yard. The fence was replaced in 2026.
A two-car garage and driveway provide ample parking. Additional updates include HVAC replacement in 2019 and water heater replacement in 2018. Wood-clad trim, along with gutter guards, contributes to the home's lower-maintenance exterior. With thoughtful updates, versatile living spaces, and inviting outdoor areas, this Cardinal Forest Colonial offers a beautifully maintained home designed for both everyday living and entertaining.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017