11622 YELLOW PERCH Road
About This Property
This meticulously maintained and move in ready home in Alta Lakes is sure to impress! Greeted by an oversized foyer and boasting an open floorplan, you will feel welcomed immediately. Neutral paint and laminate wood flooring in the living areas allows for any furniture to be complimented well. The elevated kitchen includes stainless steel appliances, dark cabinetry, granite countertops, a large pantry, plus an island ideal for entertaining. Split bedrooms allow for plenty of privacy and the primary suite truly feels like its own part of the home. With trey ceilings, a walk in closet and well-sized bath featuring dual vanities, large shower, and separate water closet, the primary suite feels like an oasis. A large dining space opening into the living room creates the perfect place to host and entertain friends. This space is perfectly laid out and will become the go-to for all holidays and gatherings. Enjoy the covered lanai for outdoor grilling, morning coffee or evening wine. Fenced in backyard is great for pets and the neighborhood boasts endless amenities including: clubhouse, community pool, playgrounds, dog park, tennis courts, walking trails, and lush green spaces. Convenient to major intersections, interstates, hospitals, airport, restaurants, and shops--this location cannot be beat! Another bonus--this is a smart home with a security system.
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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 Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017