2312 Appalachian Drive
About This Property
Fabulous Find in Lovely Lansing Ridge!
This 3/2 Beauty has So many Upgrades. The HWH & AC are both 2 yrs old. AC has a mold ionizer & new ductwork. Master Bath was upgraded w/Tile Stall Shower. The Gas Stove is only 6 months old. Irrigation & Pump were replaced 1 yr ago. Stunning Plantation Shutters, Screened Entry & Patio, Open Deck w/Trellis & Pergola and a Fabulous Pond w/New Liner! Whew... No Denying This is a Great Home!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017