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4426 Mirada Way
About This Property
The primary suite is separated from the additional bedrooms for added privacy. Its bathroom includes a double granite vanity, separate shower, soaking tub and private water closet. The guest bathroom also features a granite countertop and tile flooring. Additional interior features include tall ceilings, tile flooring in the kitchen and dining area, carpeted bedrooms and ceiling fans.
Outside, the home includes a two car garage, privacy fenced backyard and a large rear patio. A natural preserve area adjoining the property provides additional privacy and shade. Property is being sold as is. Buyer to verify all measurements, square footage, schools, zoning, HOA information and any other details deemed important.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017