3415 Paine Drive
About This Property
perfect for family reunion, new recessed lights, new Vinyl flooring on the entire house, Kitchen has been completely remodeled with new cabinets, new sink, new quarts counter tops and new appliances, new furnace and new A/C system perfect for the summer time, both bathrooms has been remodeled as well with new vanities and quarts tops, new showers doors and lights fixtures, new doble pane windows in the entire property, this is the house you been looking for with nice size front driveway that can fit up to 5 cars, with two car garage and not forgetting a gorgeous front gated yard at the end of a cul-de- sac street. close to everything, schools, 91 freeway, stores and restaurants, this property has everything you been looking for and wont last too long.
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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