3225 Rex Ridge Drive
About This Property
The main floor presents an airy, flowing design connecting the kitchen, dining area, and family room - ideal for gathering with loved ones. Additionally, the first level houses a separate formal dining space, a versatile room suitable for a home office or leisure activities, plus a complete guest suite with full bathroom.
The crown jewel of this home awaits on the second floor - a master retreat of impressive proportions featuring a dedicated sitting area, dual walk-in closets, and a luxurious bathroom complete with double sinks, soaking tub, and standalone shower. Three additional bedrooms and a shared bathroom complete the upper level, providing ample space for family members.
Outside, one of the subdivision's largest lots offers a secluded backyard retreat perfect for outdoor entertaining and family activities. The convenient Rex location provides quick access to educational facilities, recreational areas, local conveniences, and multiple transportation routes into Atlanta.
This exceptional property presents a rare opportunity to elevate your family's lifestyle in a home designed for both comfort and sophistication.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017