3047 SOUTHSIDE Boulevard
About This Property
2 bedroom plus flex room with closet great for 3rd bedroom, playroom, workout room or office and 2 full baths. Home has a living room and family room for gatherings. HUGE backyard with room for a pool and entertaining. Updated electrical, plumbing, new AC capacitor and ductwork, renovated kitchen with Stainless Steel appliances, hardwood flooring, new LVP in bedrooms, updated bathrooms, new tile on fireplace and 2020 Roof. The little details you can personalize for your own taste. 5 minutes to Tinsel Town, 10 minutes to St. Johns Town Center, 15 minutes to the Stadium and 15 minutes to our wonderful beaches. Great starter home and investment. Bring all offers! (HOME HAS AN ALARM SYSTEM SO PLEASE READ SHOWING INSTRUCTIONS)
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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.
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