19321 N Tara Lane
About This Property
One of the home's standout features is the owned solar system, providing valuable energy savings and long-term efficiency. Additional peace of mind comes with a water heater that was replaced approximately two years ago. Step outside to discover a backyard designed for both relaxation and productivity. A gazebo frame set atop attractive block flooring creates the perfect foundation for an outdoor entertaining space, while the abundance of fruit and vegetable trees offers a unique opportunity to enjoy your own garden harvest right at home.
Lovingly cared for and move-in ready, this property combines practical upgrades, sustainable living, and a wonderful neighborhood setting, making it an exceptional place to call home.
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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 Maricopa
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Last Updated: 2 months ago
Data Source: ARMLS, MLS# 7040142
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017