5455 FORT CAROLINE
About This Property
Newer Front door..Very open floor plan,laminate flooring throughout.Living Room has lots of windows and 2 big skylights to let in natural light.Beautiful gas logs in fireplace with lovely mantle(gas is not hooked up)located in the center of the living Room Dining Room combo.Open window to the updated kitchen,neutral cabinets,granite tile counter,glass backsplash,and pantry,large eat in kitchen,opening onto the deck area with sliding doors.Master bedroom has walk in closet and sitting area(not counted in sq ft)Master bath with 2 sinks and nice size shower with glass doors,newer light fixtures.Other bedrooms are generous size with double closets.Linen closet in hallway
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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%.
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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