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4130 W ALEX Loop
About This Property
Inside, you'll find solid hardwood flooring, vaulted ceilings, skylights that fill the home with natural light, built-in entertainment center, and newer stainless steel appliances. The open, inviting layout creates a warm and welcoming atmosphere throughout.
The backyard is designed for easy living with low-maintenance artificial turf and view fencing, providing an ideal space to relax or entertain. Additional highlights include a new roof and fresh exterior paint completed within the past five years.
Stetson Hills is nestled near the picturesque Deem Hills Recreation Area, this home offers easy access to miles of hiking, biking trails and nearby Deem Hills Community Park, featuring basketball, volleyball, tennis, and pickleball courts and a dog park. Everyday conveniences are just minutes away at Happy Valley Towne Center and The Shops at Norterra, offering a wide variety of shopping, dining, entertainment, and services.
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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