10624 E EL PASO Circle
About This Property
The home has lovely tiled floors throughout along with extended length garages that fit 3 cars, an RV gate, ten-foot ceilings, plantation shutters on every window, and plenty of storage. Along with spacious primary bedroom you'll find another bedroom that has its own full bathroom and separate living area. Enjoy the open accordion style sliding doors from the living room without the annoyance of insects with patio screen that descends at the touch of a button on the remote. The backyard features a large fire pit area with plenty of seating, artificial turf and and an unique water feature to spend your days relaxing outside.
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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 Maricopa
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Last Updated: 4 months ago
Data Source: ARMLS, MLS# 6387381
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017