Every square foot is maximized with our Concho plan. This 4-bedroom
home offers space, flexibility and comfort. Entering your new home
from your spacious porch, you are met with a foyer leading to your
secluded study room. Travel further down the hall and you will
discover the entry to your walk-in utility room and the convenient
downstairs powder room. Past the utility room, and you are led to
the heart of the home - the open-concept, two-story family room
adjoined by the oversized kitchen and breakfast area. The kitchen
accommodates sleek granite countertops, flat-panel birch cabinets,
as well as a kitchen island. Finally, the first floor holds your
private master suite with an elegant master bathroom. The master
bathroom holds cultured marble countertops with the option of dual
vanities, a shower/bathtub enclosure, and an expansive walk-in
closet. Roam up the stairs to the second floor which is filled with
three additional bedrooms, two full bathrooms and an oversized game
room. In the Concho home, you will never have to sacrifice your
space or comfort.
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.
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