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2662 E CHERRY HILL Drive
About This Property
Welcome to the Turquoise plan in Adora Trails featuring 5 bedrooms, a dedicated den, oversized loft, and 3.5 baths with a layout that gives everyone room to spread out while still feeling connected.
The kitchen truly feels like the center of the home with granite countertops, a gas cooktop, and an open design that flows naturally into the main living spaces. Wood look tile runs throughout the home, giving it a warm and clean modern feel that is both stylish and durable.
Step outside and you'll find the kind of backyard people move to Arizona for. A sparkling pool, outdoor BBQ area, and basketball hoop create the perfect setup for relaxing evenings, entertaining friends, and enjoying weekends home.
Living in Adora Trails also means enjoying some of Gilbert's best community amenities including scenic walking trails, parks, a resort style pool, clubhouse, fitness center, and a school conveniently located right within the neighborhood.
This is more than just a beautiful house. It is a home built for everyday living and the memories that come with it.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017