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1491 Scout Drive
About This Property
Lovely 4 bedrooms, 2.5 bath home in the gated community of Sierra Lakes. One of the LARGEST lots in the community, ample space for pool & yard activities! GREAT FOR FAMILIES WITH KIDS OR PETS. This Home features a bright and airy, open floor plan, large kitchen with beautiful cabinets, pantry, family room, ceramic tile. The Master Suite boasts with high ceilings, double vanity, shower, separate tub and a huge walk in closet! All bedrooms and laundry room are upstairs making this the perfect family home. Open Loft area can be used as office, game/play room or as an extra bedroom. Nearby family friendly amenities include parks with BBQ area, walking trails, fishing ponds, playground and dog park!
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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