Comfortable mountain living awaits in Northridge subdivision on
Tiger Mountain! This craftsman-style 4BR/3.5BA home offers an
inviting open floor plan, vaulted ceilings, and a spacious primary
suite on the main level with a walk-in closet and whirlpool tub.
Two additional main-level bedrooms share a convenient Jack-and-Jill
bath with double vanities. A level, usable yard provides plenty of
room for a playground, pets, or outdoor enjoyment. The home
features a newer metal roof and HVAC system, stainless steel
kitchen appliances, granite countertops, updated flooring, ceiling
fans, and a whole-house generator. Recent improvements include a
welcoming front porch and walk, new rear stairs and railing,
updated exterior trim, and spray insulation in the crawl space.
Mature landscaping, an attached garage, and a wooded setting add to
the appeal. Enjoy the privacy and peaceful beauty of this quiet
family neighborhood while remaining conveniently located to
schools, Tiger, and Clayton.
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.
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