11259 E SPAULDING Avenue
About This Property
Major systems updated: 1 HVAC (2023), Roof & water heater (2024). Paid for solar system keeps energy costs low month after month, meaning you can focus on the fun part: designing & customizing your new home
Oversized kitchen island flows into the great room. A dedicated home theater room offers the ultimate Friday night upgrade. Retreat to the primary suite; a true escape, complete with private balcony overlooking the pool. Ensuite Bath complete w soaking tub & walk in shower. 3 car garage. Located just minutes from the 202 & Mesa Gateway Airport
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017