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1975 MATHEWS MANOR Drive
About This Property
Step into the heart of the home, where glistening quartz countertops grace the kitchen, creating a sophisticated atmosphere for culinary adventures. The main living areas are adorned with wood-look ceramic tile, exuding warmth and inviting you to unwind in style. New plush carpeting in the bedrooms ensures that each space is a cozy oasis, ideal for restful nights.
A versatile front-facing flex room awaits your creative touch, ready to become the office of your dreams or a serene retreat for moments of inspiration. As you step onto the screened lanai, the panoramic views of the tranquil lake will take your breath away. The driveway and front walkway are adorned with pavers, creating a seamless transition from the curb to your elegant entrance. The fresh coat of paint, new carpet, and brand-new appliances add a touch of modernity, ensuring that your new home feels better than new.
Convenience is key in this location, with easy access to shopping, restaurants, vibrant nightlife, and some of the most beautiful beaches in the area. Whether you're looking for a weekend getaway or a place to call home year-round, this property offers it all!
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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