1805 ARASH CIRCLE
About This Property
Don't miss this immaculate 4 bed, 2 bath home in the highly sought-after Waters Edge community! The spacious kitchen features granite countertops, wood cabinets, tile backsplash, pendant lighting, and stainless-steel appliances - perfect for any home chef.
Enjoy a bright, open floorplan with luxury vinyl plank flooring, split bedrooms, and plenty of natural light. The oversized master suite offers pool access, 2 walk-in closets, and a luxurious bath with dual sinks, walk-in shower, and soaking tub.
Your private backyard oasis includes a solar-heated pool & spa, covered patio, and full privacy fencing - ideal for relaxing or entertaining.
Recent Upgrades:
New solar panels (2022)
Pool motor (2024)
AC (2020)
Roof (2015)
Whole-house water filter (2023)
Gutters & French drain (2023)
Govee exterior lights (2024)
Prime Location: Walk to Creekside Middle School & Airport Road Park. Close to shopping, dining, and just 20 minutes to the beach!
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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