This well-appointed, recently updated home is situated on a
spacious, tree-lined cul-de-sac lot in the heart of Shady Hollow.
Recent improvements include roof, flooring, windows, interior and
exterior paint, cabinets, countertops, tubs, showers, lighting, and
fans. The home is conveniently located near some of AISD's top
schools. The open floor plan offers two dining areas and two living
areas. The owner's suite is on the first floor, with three
additional bedrooms upstairs and a unique landing between levels.
The property provides easy access to Brodie Lane, shopping,
award-winning restaurants, and major highways. Residents enjoy
extensive community amenities, including sports courts, parks,
hiking trails, a pool, an amenity center, and more.
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.
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