2484 EGRETS GLADE Drive
About This Property
The kitchen is beautifully appointed with Gabbro countertops, valued for their beauty and durability, along with a gas stove, electric oven, and a removable center island for customization as need and ample closet space. Roof replaced in 2014, and HVAC system updated in 2016.
Outdoors, enjoy a professionally landscaped backyard retreat featuring a swim spa, deck, flower gardens, mature citrus trees, and a buffered & fully fenced yard. Located on a cul-de-sac in the highly desirable Egrets Glade community, with top-rated schools nearby, and a transferable termite bond. Loan is a VA assumable. House SOLD AS IS with the right to inspection.
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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