425 Warm Wind Drive
About This Property
The living room is anchored by a gas fireplace with custom built-in shelving, creating a warm and inviting space!
The private primary suite features a tray ceiling, a Closets by Design custom walk-in closet & a spa-like bath with dual vanity, water closet & tiled walk-in shower with inlays and bench! A secondary bedroom offers a double closet and access to a full bath with a tiled walk-in shower. A flexible office/den with French doors provides the perfect work-from-home or bonus space!
Completing the home is a spacious laundry room with abundant storage. The garage includes additional built-in cabinet storage, adding even more functionality and organization! Step outside to enjoy the screened porch with stone-surround gas fireplace, convenient grill pad, professional landscaping & iron fencing with double gate making it perfect for entertaining or relaxing.
Don't miss the convenience of the community dog park, Bocce ball court, pond & walking trails. Nearby shopping at Publix, Harris Teeter or a short drive to downtown Clayton for so much more!
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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 Johnston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017