3062 PESCARA Drive
About This Property
convenience. A spacious gourmet kitchen and dining area are perfect for entertaining guests or spending quality time with the family. Views from this space look
out onto the covered lanai. The owner's suite enjoys absolute relaxation and serenity. The master bath leads into a large double entry walk-in closet. A guest
bedroom is located just before you enter the main living area. Two other bedrooms share a bathroom away from the living areas so children and guests can enjoy
their own separate spaces in the home. A functional utility/laundry room is also located nearby. This home is completed with a two car garage. garage.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2020 | Sold | ||
| Sold | |||
| May 21, 2019 | Listed by ICI SELECT REALTY, INC. | $459,445 | |
| Listed by ICI SELECT REALTY, INC. | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017