5556 JIM CASTANEDA Drive
About This Property
The lot provides an abundance of parking, making it ideal for multiple vehicles, trailers, or even the potential for RV parking. The expansive backyard opens up far beyond what you'd expect, offering plenty of room to entertain, play, or create your dream outdoor retreat.
Inside, you'll find over 2,100 square feet of thoughtfully designed living space featuring a versatile upstairs loft, and a dedicated downstairs office or flex room that's perfect for working from home. Beautiful tile flooring flows throughout the home with NO carpet, while refrigerated air keeps the home comfortable year-round. All of this in a great location at an incredible price! Schedule to see it today!
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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