4309 LOMA DE BRISAS Drive
About This Property
Situated on the border of the Franklin Mountains state park, this home offers direct access to an expansive network of hiking and biking trails. Imagine embarking on adventurous journeys, exploring the natural wonders and breathtaking views that await you just steps away from your own backyard. Whether you're an avid hiker, cyclist, or simply enjoy the tranquility of nature, this location is an outdoor enthusiast's paradise.
Beyond the natural beauty surrounding this property, the location offers convenient access to a range of amenities. You'll find yourself a short distance from shopping centers and a diverse selection of eateries. Whether you're seeking retail therapy or exploring the local dining scene, everything you need is within reach.
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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