1020 GLYNLEA Road
About This Property
This beautiful home has 3 spacious bedrooms, a versatile flex room (ideal for a home office or guest space), and 2 fully remodeled bathrooms. The remodeled kitchen is equipped with stainless steel appliances including a brand-new refrigerator, and abundant cabinet space for all your culinary needs.
Throughout the home, you'll find luxury vinyl plank flooring, updated light fixtures and ceiling fans, and a host of energy-efficient upgrades, including a new electric panel, new water heater, newer windows, and extra blown-in insulation.
Enjoy outdoor living year-round with two covered lanais, one featuring a built-in bar ideal for entertaining. The fully fenced yard is generously sized and beautifully landscaped, complete with a variety of citrus trees, a pergola in the front yard, and an above-ground pool for those warm Florida days. A detached workshop adds excellent utility for hobbies or extra storage, while the extended driveway and double gate offer ample parking and added privacy.
Located in a well-established neighborhood with easy access to major highways, shopping, dining, and entertainment, this home is a perfect blend of comfort, convenience, and charm.
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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.
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017