12519 FALLOHIDE Lane
About This Property
The kitchen has been updated with Cortez countertops, white wood cabinets, and stainless steel appliances. The kitchen, the heart of this home, boasts a center island complete with a sink and additional cabinets.
The master suite is spacious with walk-in closets and dual sinks in the master bathroom. Enjoy the breathtaking lake views from your expansive covered patio. The backyard is an entertainer's dream, and it includes a standalone shed building with electricity. There's plenty of space for RV/boat parking, and the property is fully fenced.
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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 Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017