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343 S Winterhaven --
About This Property
Located in Mesa, this home is zoned for Mesa Public Schools and offers easy access to the Superstition Freeway for a quick commute anywhere in the Valley. You're close to several public parks, including Meadowpark, and just minutes from Falcon Field for aviation enthusiasts. Banner Heart Hospital and Banner Baywood Hospital are both nearby as well, adding extra convenience and peace of mind. This is a fantastic opportunity to own a well-maintained double wide in a location that offers both everyday convenience and freedom to live how you want.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017