3716 Casaba LOOP
About This Property
The insulated and enclosed patio provides an additional space to entertain. The backyard also features a variety of fruit trees, perfect for those who enjoy fresh produce straight from the garden. This home has been meticulously maintained and recently updated, including a new roof in 2016, a new water heater in 2020, a new A/C system in 2022, a water softener in 2021 (owned), and new refrigerator and stove in 2021. These upgrades will ensure that you can enjoy all the benefits of modern living without having to worry about costly repairs or replacements.
This property is also perfectly situated in a highly sought-after school district, local parks, and Bloomingdale Golf Course. Additionally, the local shopping center is conveniently located within one mile from your doorstep providing easy access to your shopping needs.
Overall, this Mid-Century Modern home is truly a hidden gem. Its unbeatable locale, combined with its numerous upgrades and outdoor amenities, make it the perfect place to call home. Don't miss out on this incredible opportunity – schedule a viewing 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.
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About Bloomingdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017