2134 LAKE Drive
About This Property
THIS BEAUTIFUL HOME IS A NATURE LOVER'S DREAM ADORNED WITH PLANTS, FLOWERS, AND FRUIT TREES. PERFECTLY SITUATED ON AN OVERESIZED LOT WITH ACCESS TO A 10 ACRE STOCKED POND WHERE YOU CAN ENJOY YOUR EVENINGS RELAXING OUT BACK ON THE COMFY SWING OR TAKE OUT YOUR KAYAK, CANOE OR SMALL ELECTRIC BOAT. THIS WELL MAINTAINED 3/2 HOME IS MOVE-IN READY, CONVENIENTLY LOCATED ON THE SOUTHSIDE OF JAX AND READY FOR IT'S NEW OWNERS TO MAKE NEW MEMORIES. DON'T MISS OUT...GRAB YOUR REALTOR AND COME TAKE A LOOK AT YOUR FUTURE HOME.
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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