606 W High Street
About This Property
Inside you will find brand-new luxury vinyl plank flooring in every room, fresh paint and ceiling fans throughout. The open living and dining area flows into a spacious kitchen featuring warm wood cabinetry, quartz countertops, stainless steel gas range, over-the-range microwave, and dishwasher all included. A dedicated laundry room off the kitchen includes a full-size washer and dryer. The bathroom has been beautifully updated with a marble-look tub surround and brushed nickel fixtures. Both bedrooms are generously sized with ample closet space and abundant natural light from multiple windows. This House is NOT for LEASE
Outside, a large fenced yard is canopied by mature trees with a detached outbuilding offering extra storage or workshop potential. Central HVAC keeps things comfortable year-round.
Ask about qualifying programs available for this address. Whether you are buying your first home or adding a turnkey rental to your portfolio, this property checks every box at an affordable price point in a growing East Texas market. This House is NOT for LEASE
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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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About Terrell
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017