3844 E JASPER Drive
About This Property
Impressive 9-foot ceilings downstairs create an open, airy feel, complemented by durable tile flooring on the main level and a combination of carpet and tile upstairs. The kitchen impresses with solid wood cabinetry, a built-in wine rack, and stunning engineered stone countertops -- a design carried seamlessly into both bathrooms. Wooden blinds throughout add a warm, cohesive finish.
Thoughtful extras abound: a custom-designed master closet, built-in laundry room cabinetry, a 2-car garage with built-in storage cabinets and a workbench, plus pre-plumbing for both a water softener and an ice maker line. Step outside and enjoy the community pool and playground -- everything you need for an active Arizona lifestyle, right at your doorstep.
Located within the highly rated Higley Unified School District, with Gilbert Christian School just steps away on Jasper Drive, this home is an exceptional choice for those seeking quality education options at every level.
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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%.
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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