2121 MATEFIELD
About This Property
Enormous living room flows to a formal dining room for entertaining guests while every day meals are enjoyed in the large eat-in area off the kitchen. The center of the home is the kitchen opening to the great room.
Enjoy the peace and quiet afforded by the split floor plan that has your spacious master bedroom (boasting a bay window) on one side of the home and two bedrooms and bathroom on the other side of the home for the kids, the in-law, or house guests.
The Great Room with its wood burning fireplace make for the coziest room in the house.
The glass and screened, A/C cooled Florida room host your gatherings just off the screened pool all while backing to the privacy of no rear neighbors!
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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