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4253 E VINEYARD Road
About This Property
4253 E Vineyard Rd is a one-story Phoenix home with 1,831 square feet of living area, three bedrooms, and two bathrooms. The kitchen includes a breakfast counter and opens toward adjoining living and dining space. Windows bring light into the main rooms, while the bedrooms and bathrooms sit along the same level. A yard extends beyond the interior. Built in 1973, the home has a single-level layout. Included 100-Day Home Warranty with buyer activation
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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