23012 W SOLANO Drive
About This Property
Recent upgrades include an energy-efficient Trane HVAC system, sun shades on the windows, and a paver driveway. The low-maintenance backyard features several varieties of cacti and a fully equipped outdoor kitchen with a built-in fireplace, grill, sink, and smoker. The primary bath offers a separate shower and jetted tub, adding a touch of luxury. With numerous upgrades throughout, this home flows beautifully and offers both style and functionality.
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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 Sundance
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$3,900 /mo
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$2,495 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017