3930 E ARBOR Avenue
About This Property
This property features a 10 foot deep in ground DIVING POOL, perfect for cooling off, entertaining, and enjoying Arizona living at its best. Inside, you'll find thoughtfully UPDATED kitchen and bathrooms, newer dual pane windows, and a newer oversized HVAC system for enhanced comfort and efficiency. The ROOF is only TWO years old, providing added peace of mind.
Best of all, there is NO HOA and NO LAND LEASE, giving you the freedom of owning both the home and the land with no monthly fees. A rare opportunity for affordable living with valuable upgrades in a prime, convenient location.
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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