16 PIKA Street
About This Property
Step inside to find a bright and airy interior illuminated by new LED lighting, complemented by durable LVP flooring in the main living areas and plush new carpet with waterproof padding in the bedrooms. The heart of the home is the kitchen, featuring brand-new appliances, sleek cabinetry, and sparkling crystal quartz countertops. The massive kitchen island seats 8 people and boasts ample storage on both sides, making it perfect for entertaining or family gatherings. The bathrooms echo the kitchen's elegance with matching cabinetry and countertops. The luxurious master bathroom is a true retreat, complete with a separate shower and a standalone tub, while the master bedroom offers a spacious walk-in closet with built-ins for all your storage needs. Cozy up on chilly evenings by the wood-burning fireplace, adding warmth and charm to the living space.
Outside, enjoy the expansive 1.26-acre lot from the newly constructed deck, perfect for relaxing or hosting outdoor activities. The home also features new gutters and skirting, enhancing its curb appeal and functionality.
Don't miss this opportunity to own a fully renovated mobile home that blends modern luxury with peaceful, rural living. Schedule your showing today!
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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