338 Mcafee Road
About This Property
Inside, you'll find luxury vinyl plank flooring throughout, crisp neutral paint, bright white trim and ceiling fans in the main living spaces. The open floorplan flows from a sunny living room with large windows into a dining area with a door out to the back steps, so moving between inside and out is easy.
The kitchen features crown molding, plenty of natural wood-tone cabinetry with open display shelving, a double stainless sink set beneath a window overlooking the trees, an electric range, dishwasher and refrigerator. Both full bathrooms have tub/shower combos, and the bedrooms offer fresh flooring and good natural light. A dedicated laundry room with washer and electric dryer hookups adds everyday convenience.
Outside, a concrete driveway provides off-street parking, and the spacious front and side yards give you room to garden, play or relax. Exterior lighting and rain gutters are already in place. Central air, electric central heat, public water and a crawl space foundation round out the home.
Conveniently located just off Battlefield Parkway with quick access to Fort Oglethorpe shopping and dining and an easy drive to Chattanooga. Zoned for Cloud Springs Elementary, Lakeview Middle and Lakeview-Fort Oglethorpe High. With low annual taxes and no HOA, this one is ready for its next chapter. Schedule your showing today!
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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