Beautiful private setting in Knowlton Circle. This spacious 3
bedroom townhome with 2.5 baths and 2 car garage features
economical gas heat and central air conditioning. The first
floor offers a spacious kitchen and dining area with gorgeous
Bamboo hardwood floors. This home has an open floor plan, high
ceilings and lots of windows. The Living Room is open to the dining
area. The second floor has a spacious open loft area in addition to
the 3 bedrooms. The Master Bedroom is a generous size and offers a
full bath and walk in closet. Convenient laundry facilities are
also located on the 2nd floor. There is a large deck off dining
room and plenty of storage in the full unfinished basement.
Convenient access to major highways, schools, and shopping.
Subject to 40B Guidelines. Must be owner occupied. Subject to
Deed rider & resale restrictions Income restrictions apply - 1
person household< $44,750, 2 person< $51,150, 3 person
<$57,550, 4 person <$63,900, 5 Person <$69,050
Unit Size
1,731 Ft²
Days on Market
-
Land Size
-
Price per sqft
$92
Property Type
Condo
Property Taxes
$163
HOA Dues
$118
Year Built
2003
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Cap Rate Calculator
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100% Occupancy
N/A (extreme outlier)
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.
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