3264 Natoma WAY
About This Property
From the moment you step inside, you'll be greeted by a warm and welcoming atmosphere that is perfect for entertaining guests or simply relaxing with your family.
With plenty of natural light and an open floor plan, this home is perfect for those who want to retreat after a long day. The living room features high ceilings, large windows, and a built-in entertainment center, making it the perfect spot to gather with friends and family. The kitchen is equally impressive, with beautiful countertops, stainless steel appliances, and plenty of storage space, equipped with a beverage bar, an island and still plenty of room for a small army to gather and enjoy delicious meals.
The thoughtfully designed interior, is ideal for everyday living. The bedrooms are spacious and comfortable, while the completely updated bathrooms feature multi-head shower systems and sliding glass shower doors.
Convenience is key, and this property delivers with its proximity to major highways, making commuting to the airport, beach, or theme parks a breeze. Enjoy easy access to nearby shopping centers, ensuring that all your retail and dining needs are just moments away. For outdoor enthusiasts, numerous parks are within close reach, providing endless opportunities for recreation and leisure. New AC unit recently installed and a brand new roof will be installed with an accepted offer!
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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 Andover Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017