5809 Pauma PLACE
About This Property
As you step inside, you'll be greeted by the inviting atmosphere created by the vaulted ceilings and open layout, offering a sense of spaciousness and comfort. The well-designed floor plan enhances the overall appeal of the property.
The outdoor living experience is enhanced by the screened lanai, and vinyl windows, allowing your family to enjoy an enclosed and relaxing space. The fully fenced backyard is perfect for your furry friend.
Nestled in a great neighborhood with low HOA fees, this residence offers a community-oriented environment without breaking the bank. Recent updates ensure that this home is move-in ready, sparing you from immediate maintenance concerns. The A/C system was replaced just last year, and the property boasts updated appliances, windows, and a fully repiped house.
To truly appreciate the charm and functionality of this home, be sure to explore the 3D virtual tour. Don't miss out on the chance to make this meticulously maintained property your own – a delightful blend of affordability, convenience, and modern living.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017