6943 Great Falls Circle
About This Property
Washer/Dryer 2 years old. Carpet in 3 Bedrooms replaced 10/18. Large Double Pantry, granite counters,hurricane shutters. Expanded Patio and surround sound in Family and Kitchen Area.Interior painted 10/18.Exterior Painting scheduled for 4/19. Landscaping updated 4/19. Plantation Shutters and Hunter Douglas Silhouettes.
Central Vacuum System.
Balance on special assessment $2,400 to be paid by Seller at closing.
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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 Valencia Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017