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11675 Calvin
About This Property
The remodeled kitchen features new cabinetry, quartz countertops, new appliances, ample counter space and a large center island that opens to the living and dining areas. Plumbing has also been updated in the kitchen, both bathrooms and the separate laundry room.
Both bathrooms have been extensively refurbished. The primary bathroom features a new walk-in shower with frameless glass enclosure. The guest bathroom features a new bathtub with tiled shower surround. Additional bathroom improvements include new vanities, countertops, fixtures, flooring and updated plumbing.
Additional improvements include a new roof, new front entry door and a one-car garage with a new modern garage door. The property also features a large enclosed patio offering additional usable space.
Located in Sun Park, a 55+ community with a low HOA of only $108. This Yucaipa home offers an extensive list of recent improvements along with a cul-de-sac location and enclosed patio.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017