2553 ALEXIA Circle
About This Property
Screened in Patio with Shades ''convey'' and extended Pavers for a great outdoor entertainment, Fully Fenced.
Living Room has Built on Speakers and Ceiling fan. Kitchen with SS appliances, Backsplash, kitchen island for a food prep and White Quartz Counter Top. The Refrigerator in the kitchen does not convey, only the one in the garage. Laundry room has cabinets & Washer and dryer stays.
2 car garages w/ Shelving and Water Softner.
Great Location close to the beach, shopping, bankings and others.
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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