42592 OLMSTED DRIVE
About This Property
water heater replaced in 2019, sump pump with battery backup, HOA fee includes Fios internet and cable.
This home has a close proximity to Brambleton Town Center, dining, shopping, movies, gym, and Legacy Park playgrounds & volleyball courts. Enjoy all that Brambleton has to offer-from miles of walking trails and community events to pools, parks, and top-rated schools. This move-in-ready home is the perfect blend of comfort, convenience, and lifestyle! Zoned for Legacy ES, Brambleton MS, and Independence HS.
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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 Brambleton Landbay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017