2127 BROAD WATER Drive
About This Property
side lot. Spacious upper-level features 3BR/2.5BA, LV/DN area, family rm, w/a
flpls, bay area breakfast nk & laundry rm. Downstairs, you'll find a separate living
space ideal for parents, college kids, guests, or a game rm. Lower level boasts a
huge great rm, full kitchen, 1BA/1BA, office area, & laundry rm. Plus, 2 unfinished bonus rms heated & cooled, offering potential to expand living space to over 4,000 sq. Ft! Both levels lead out to a private deck overlooking tranquil wooded setting. The outdoor space is perfect for entertaining gardening, or providing ample play areas for children &
pets. A 10'x16' shed w/a loft provides extra storage. See Supplement for Extras
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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%.
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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