1063 GUNKA Road
About This Property
Don't miss this opportunity to own a well-maintained, spacious home in the heart of Glynlea. This 1890 sq foot home features multiple living spaces that are perfect for entertaining. The updated kitchen features custom built-ins, tons of cabinetry, and a great open layout into the family room. Complete with exposed brick and the continued custom built ins, you'll find yourself loving the wood laminate, space for the whole family, and the functional wood-burning fireplace. Three bedrooms share an updated bath with stand up shower and the other full bath features a jacuzzi tub, ideal for relaxing. One of the very best features of this home is the huge screened in patio. This space overlooks the lush greenery and the children's treehouse. This is a great spot for family gatherings. Head on outside to the fenced in backyard, complete with a large storage shed which makes for the perfect workshop. Plenty of life left on the AC and roof, and don't forget the covered parking! This is a ample storage throughout and indoor laundry.
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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