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5822 Birchmont Drive
About This Property
The home has been completely renovated with major upgrades, including new plumbing, a new electrical system, a brand-new roof, and new energy-efficient windows. The interior showcases Luxury Vinyl Plank (LVP) flooring throughout, elegant quartz countertops, brand-new cabinetry, and new doors and moldings, creating a fresh and modern living space.
Additional features include new window coverings and a completely new fence, offering both style and privacy. The open layout and thoughtful updates make this home move-in ready and perfect for comfortable living and entertaining.
A rare opportunity to own a beautiful upgraded home in Oak Forest West Area.
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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