10300 SE 69TH TERRACE
About This Property
The expansive 21 x 13 master bedroom, extended for direct pool access, boasts two spacious walk-in closets and an impressive master bathroom with tiled walk-in shower and a double sink vanity. Enjoy ultimate comfort with ceiling fans in all rooms. A THREE-CAR garage with side door access provides ample storage, along with a water line hookup for an ice maker and a huge attic with plenty of stand-up height. A utility sink in the laundry room adds practicality. The magnificently manicured grounds feature gutters and irrigation, while a VINYL PRIVACY FENCE completely encloses the backyard for that private oasis. Meticulously maintained, this home showcases pride of ownership. Enjoy the convenience of being close to everything, with NO HOA!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017