4768 TOCOBAGA Lane
About This Property
10% BINDER REQUIRED ON ALL CASH SALES - NO EXCEPTIONS
PLEASE READ THE FOLLOWING CAREFULLY:
1. There is a fifteen day first look period during which the seller will only negotiate offers with owner-occupant buyers and non-profits.
2. Seller will not respond to ANY offers, including owner-occupants and non-profits, until property has been listed in the HomePath system for 72 hours.
3. Seller will not negotiate investor offers during the first fifteen days that the property is listed in the HomePath system.
4. Seller will not pay for deed stamps, or survey.
5. NOTE: BUYER MUST CHOOSE BETWEEN USING SELLER'S TITLE COMPANY, OR USING ANOTHER CLOSING AGENT OF BUYER'S CHOICE. BUYER MUST INITIAL THAT CHOICE IN PARAGRAPH 10F of the Fannie Mae Addendum. The seller will not negotiate, or accept any offer unless that is done. Please read that paragraph carefully. The seller will pay the owner's title policy ONLY if the buyer uses the seller's title company.
Special requirements include, but are not limited to: Buyer must sign Fannie Mae Addendum, pay for a rekey at closing. Investors must agree to Deed Restriction Language.
SF is from tax rolls. Buyer must verify.
Listing office and agents represent the seller
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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 Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017