12198 IRWIN MANOR Drive
About This Property
Designer's dream home!!! Great location minutes from the beach and town center. 3 bedrooms PLUS an office with custom built-in shelves.
This home is located in a cul de sac and features an open floor plan, big kitchen with slab counter top and oversized breakfast island. Luxurious master bath with walk in shower and a tub, Guest bathroom upgraded with walk in guest shower. Plank tile floors throughout the house and custom built in closets. Enjoy a large paved outdoor patio with privacy and an amazing water view! Roof is only 4 y/o, newer windows, tankless gas water heater,. New garage door with keyless entry and many more upgrades. No CDD fees and Low Annual HOA fees. Option to purchase furniture/art. Owner OCCUP OTHER UPGRADES:
"Buried propane tank with gas fireplace and stove.
"Sprinkler system.
"New professional, epoxy garage floor.
"Security cameras.
"Attic antenna with lines to multiple locations.
"Wired outdoor lighting.
"Invisible fence.
"Over/under cabinet lighting in kitchen
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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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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017