13880 IBIS POINT Boulevard
About This Property
Upon entering, you'll be embraced by the expansive living room, complete with high ceilings, and eagerly awaiting your personal touch. The downstairs bedroom, featuring a full bathroom right across the hall, is an ideal space for accommodating in-laws or guests. Venture upstairs to discover three additional bedrooms, including a master suite ready for your customization, and a versatile loft area perfect for a home office, entertainment space or cozy retreat.
Rest assured, the home's essentials have been updated, with a new roof installed in 2018, a water heater from 2017, and a 2017 AC system. The AC unit comes with the Armor Plus plan from Air Engineers, covering parts, labor, and two annual maintenance checks. Valid until 06-25-23, this transferable plan can be renewed by the new owner before 06/07/23.
Complete with a Culligan water softener system and a Rain Bird sprinkler system to maintain a lush, verdant lawn, this Ibis Point gem is ripe for transformation. Seize this rare chance to create your dream home tailored to your unique style and taste!
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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