16500 SIOUX LANE
About This Property
Lower Level - new carpet on stairs leads down to incredible recreation level! Super large area with professional slate pool table with overhead lights, laundry / furnace room, large separate office room, additional space for a large screen tv viewing area, crawl space for extra storage, bedroom #5 big enough for 2 king size beds, huge walk in closet with extra storage room, entry to upgraded full bath with tile floor tub/shower combo.
Outside Area - corner lot, brick front, flagstone walkway from driveway to covered front entrance, 2 car attached garage with NEW asphalt driveway, new hot water tank, gutter leaf guard system, nice landscaping, huge level backyard with privacy fence, wood/flagstone patio, storage shed.
Walk to all 3 public schools, Kentlands, shopping, close to ICC and I270! This fabulous home offers flexibility to your lifestyle and is a MUST SEE HOME! Make it yours before someone else does!
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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