1337 TRIPPER Drive
About This Property
Welcome to this immaculate home situated on a cul de sac. The exterior features a stone paver driveway, stacked stone entryway, screened-in paver patio, and fenced back yard. Inside, discover an open floor plan with recessed lighting that illuminates the 18x18 tile throughout the foyer, living room, kitchen, and bathrooms. You can engage with your guests from the kitchen overlooking the dining and living area. The kitchen boasts 42'' cabinets, black and stainless-steel appliances, custom backsplash, and granite countertops. After a long day, you'll find peace in the owner's retreat with an ensuite bathroom that features a walk-in shower, garden tub, and dual vanity. This community is centrally located with convenient access to I-95, I-295, 9
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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