2050 KNOTTINGHAM TRACE Lane
About This Property
Don't miss this beautiful home, inside and out! This desirable floorplan includes a large, eat-in kitchen that is open to the family room, a formal dining room, a formal living room/office, a huge primary suite and 2 large bedrooms w/ a bonus room in-between, on the other side of the home with a sliding barn door! Enjoy a cup of coffee or a glass of wine on your screened patio or you can entertain on your deck with a view of the lake. This home has newer luxury vinyl plank flooring and carpet, HVAC 1.5 yrs new and ROOF is 4 yrs new. Garage door with windows new 5/2020. Beautifully landscaped. Community has a pool, basketball courts and a playground. Convenient location! Tenant occupied until 4/30/2
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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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$1,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017