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5303 PENN Circle
About This Property
The home appraised above the original list price before the July 2023 updates.
New Roof: 8/2019
Gutters installed: 7/2023
New AC: 5/2022
Triple-paned glass windows with Lifetime transferrable warranty: 10/2022
New Plumbing drains and water lines in kitchen and bathrooms: 8/2021
New Whirlpool stainless steel kitchen appliances: oven, refrigerator, microwave, dishwasher 7/2022
Kitchen counters and soft-close doors and drawers updated: 8/2021
New ceiling fans and electrical updates: 8/2021
Carbon monoxide/smoke detectors: 7/2023
Home exterior painted: 7/2023
New carpet: 6/2022
Pest control & termite treatment: 8/2022
Rheem hot water heater: 2018
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Cap Rate Calculator
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