287 Candlebark Drive
About This Property
Georgeous open floor plan with gigantic living room! Home is Only 2.5 years old, still looks like brand new construction but without the wait! Seller states. We absolutely love this house!'' This 2 story, 5 bedroom, 3 full bath home features a beautiful 2 story entry, 10' ceilings, 18'' tile, hardwood flooring, and an in-law suite with full bath on first floor! Located in a safe neighborhood, ''A'' Rated Schools and great location which includes a pool, playground, basketball courts, and a brand new adjoining elementary school! Kids can safely walk or ride down the trail and straight to school. Kitchen has 42'' cherry cabinets with crown molding, granite countertops, 18'' tile backsplash, stainless steal appliances, big granite island, built-in-desk, and breakfast nook. Very large living room with fireplace,wiring for television above fire place and surround sound as well as extra storage behind a custom built in bookshelf. Crown molding throughout. Formal dining room with wood floors, chair rail and wainscoting. Formal sitting room with wood floors and built-in windows seat with storage. Second story features a large loft, laundry, 4 bedrooms including the master bed and bath. Screened lanai with hot tub hookup and area for garden. Don't miss this perfect property!
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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%.
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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.
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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