2154 THE WOODS Drive
About This Property
This beautifully updated cottage-style home is move-in ready with 3 bedrooms, plus a bonus
room. Newer ac, electric, plumbing, roof and ac. New shutters with new thermo windows and
sliding door to recently completed patio, fenced and with pavers and beautiful low-maintenance
landscape. Kitchen has granite counter tops, tile backsplash and new SS appliances.
WaterBoss 950 water softener system throughout with inside laundry room. Renovated
bathrooms. Fresh paint inside and out with new gutters and new mailbox. Family room has
soaring ceilings with corner fireplace, room enough for all your family to enjoy. Home is just steps away from the Jr. Olympic sized pool, kids' pool, playground, lighted basketball courts, tennis courts, baseball field, soccer field and clubhouse. Walking and jogging trails throughout neighborhood. Everything you need within minutes of shopping, restaurants and more, with two 24 hour guarded entrances to neighborhood. A great value in a great neighborhood - this won't last.
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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