Located on a premium 65-foot corner cul-de-sac lot in Arden, this
3,600 SF pool home features 5 bedrooms, 4 full baths and a spacious
upstairs loft. The fifth bedroom, currently used as a den/flex
space, is ideal for an office, playroom or additional bedroom.
Additional first-floor guest room is adjacent to a full cabana
bath. The kitchen features a large island, gas range and modern
hood. A bar and pool table, which conveys, add entertaining space.
Outside features include a heated saltwater pool, oversized spa,
travertine deck, fire pit and gas line for grilling. Additional
upgrades include 24 x 24 porcelain tile, LVP on second floor with
Gypcrete sound insulation, impact windows and doors, fresh exterior
paint and a concrete tile roof.
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.
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