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1694 MATHEWS MANOR Drive
About This Property
Beautifully maintained home nestled in a fabulous neighborhood. This light and bright residence features an open floor plan that creates a seamless flow between living spaces--perfect for both everyday living and entertaining.
Inside, you'll find an abundance of tile flooring, adding both elegance and easy maintenance throughout the home. Natural light fills every room, creating a warm and inviting atmosphere from the moment you walk in.
The property sits on a high and dry lot, offering peace of mind and great curb appeal. Step outside to relax in the screened lanai--ideal for enjoying morning coffee or unwinding in the evenings. The backyard is perfect for entertaining, with a spacious patio ready for cookouts and gatherings, all enclosed by white PVC fencing for added privacy.
Additional highlights include a paver driveway that enhances the home's exterior charm, and a one-year home warranty for added confidence in your purchase. Located in a highly desirable area, this home is perfect for those who enjoy walking or biking through scenic surroundings. You'll love the convenience of being close to shopping, with easy access to major highways, and just a short drive to the beaches or downtown attractions.
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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