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12674 E Exposition Dr
About This Property
Come see this beautiful home in Aurora Hills with finished basement and a huge driveway! Why pay $100k+ more for a newer house in similar areas when you can own this completely remodeled home that is centrally located and you can park your boat or RV! You have to come see it to truly appreciate everything that was recently upgraded and replaced at this property, plus you will enjoy seeing this quiet neighborhood full of mature trees. A lot of work and thought went into this project so that the new owner not only can enjoy all the modern features, but also have maximized space and utility. You won't find anything left from before this house was remodeled and these upgrades will last you for years to come! So let's get straight to the point and here is a list of everything that was done within past three months:
You will absolutely love the new kitchen: complete with premium smart appliances, new cabinets, large island, and contrasting backsplash; New roof and gutters; Laminate flooring on all levels and damaged subfloors replaced, plus new carpet throughout; New driveway was extended to accommodate additional parking or if you have a recreational vehicle or a boat that you want to keep at the property; Interior and exterior completely painted; All windows replaced; Dry bar with a fridge for beverages was added on the lower level, with ambient lighting; New AC unit; HVAC replaced and serviced; All new doors; All fixtures and vanities; Plumbing serviced and replaced, plus sewer line inspected and cleaned; New garage door with wi-fi access; All the dead trees and shrubs were remove, along with stumps. Decorative mulch was added for aesthetics and to help reduce the size of the lawn that needs to be watered. This is truly a complete REHAB project and everything was replaced or fixed. Come see it to appreciate this home that will be a joy to live in for years to come!
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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