6737 Wilber Circle
About This Property
Discover this inviting 3-bed, 2-bath rancher in Richmond's coveted West End. Offering one-level living, it's perfect for starters or downsizers. This well maintained home boasts beautiful hardwood floors throughout, complementing the bright interior and easy flow between rooms. Enjoy the convenience of modern kitchen appliances and the elegance of granite countertops, complete with a passthrough window to the kitchen offering barstool seating-an ideal spot for quick meals or chatting with guests while cooking. Desirable features also include a newer hot water heater, 5-year-old roof, and built-in storage. The fully fenced backyard is an outdoor retreat for entertaining and relaxation. Just minutes from Libbie Mill, Willow Lawn, Scott's Addition, and downtown RVA, this gem won't last long! Schedule a showing today and make it your forever home. Act fast – homes in this sought-after area are in high demand!
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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