121 Polaris Drive
About This Property
This well loved ranch on 0.44 acres offers a split bedroom floor plan, with the primary suite on one end & two bedrooms on the other which is perfect for family privacy. This beautiful home includes (LVP) Luxury Vinyl flooring throughout the home, a two car oversized garage & plenty of one level living space.
The fenced in backyard is ideal for kids & pets, featuring a storage building, a back porch, & a deck for family gatherings, play or outdoor learning. Conveniently located close to the Bypass/Monroe Expressway, this home offers easy commuting while providing space, comfort, & a fun, family friendly environment. A wonderful space for creating lasting family memories in a home designed for comfort, functionality, & fun.
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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