1516 Cadence Lp
About This Property
Built in 2020, this meticulously maintained, one owner, 2,091 sq ft, Single Story, 4 Bedroom, 2 Bath home is a must see! Thoughtfully situated on a .42 acre high and dry lot in the much desired Harmony Estates, this home is a top choice. This Truland Homes Tucson B Floor Plan with prestige upgrade package includes upgraded lighting and boasts a two car garage, open concept living with expansive kitchen, dining, & entertainment spaces. The large pantry and extra closets offer loads of storage. The well-designed living space includes a natural gas fireplace. Enjoy stainless steel appliances and natural gas cooking! Ceramic tile throughout the shared space and bathrooms make this home easy to maintain! You will love the remote primary suite with on suite bath featuring split vanities, separate shower and soaker tub! The large dual walk in closets make dressing easy! Your living area opens onto a patio and pergola and a huge, fenced backyard great for entertaining! Harmony Estates is a sidewalk community with 44 lots on 17 Acres, a community park, and a low HOA of $650. Annually. Convenient to shopping, dining, entertainment, services, healthcare, top rated schools, military bases, airports, and transportation, come to see for yourself why you will fall in love with this home! Private tours available.
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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