3105 Bailey Ann DRIVE
About This Property
Step outside to discover a beautifully landscaped oasis, complete with river rock in all flower beds and an expanded concrete patio. Additional upgrades include an upgraded LG French door refrigerator and LG washer/dryer, ceiling fans, and light fixtures. A custom wall treatment with natural stone and molding, along with custom paint, adds a touch of elegance to every room. For added peace of mind, a new AC was installed in 2023, complete with a 10-year transferable warranty. Plus, a gun safe conveys with the property. Don't miss the opportunity to own this truly remarkable townhome in the heart of this sought-after community. Experience luxury living at its finest - schedule your private showing today! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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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About Halifax
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017