559 Angelica Circle
About This Property
An open concept flows to the living room and dining area flanked by a cozy gas fireplace and highlighted with bright ceiling solar tubes. Relax in the attractive new sunroom addition, or step outside to the charming backyard oasis, featuring a pergola and a blue stone patio with a gas grill hookup. Automatic outdoor lighting illuminates pathways, trees, and the home's architecture. The main level primary bedroom offers a spacious closet and a luxurious en suite. Additional highlights include; a tankless hot water heater, two-car garage with custom cabinets, and epoxy flooring, as well as Pella casement windows, which were added to the workout space. Proximity to Cary's amenities, including the Koka Booth Amphitheater, shopping and restaurants, a huge plus! Don't miss the opportunity to make this your own slice of paradise. Lock and leave living at it's best!
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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