11422 W FOXFIRE Drive
About This Property
11422 W Foxfire Dr is a two-story Surprise home built in 2017 with three bedrooms, two full bathrooms, one half bathroom, and 2,251 square feet of living space. The kitchen includes an island, range, microwave, refrigerator, dishwasher, and pantry. The adjoining dining and living areas provide a connected main-floor layout. Upstairs, the primary bedroom has a walk-in closet and a bathroom with two sinks, a separate tub, and an enclosed shower. Two additional bedrooms and a loft provide additional interior space. A laundry area and attached two-car garage add utility. The rear yard includes a covered patio and a
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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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Last Updated: 12 days ago
Data Source: ARMLS, MLS# 7078517
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017