7022 KING ARTHUR Road
About This Property
Super cute 3br/1ba home situated on an oversized lot located in heart of Arlington. This beauty offers an open and light floor plan with upgraded flooring throughout. The oversized fully screened lanai is the main focus of this home, and allows for a great area to relax or entertain family and friends. It overlooks the well maintained and manicured back yard. Extra storage is added in the lanai as a separate closed area. The back yard is equipped with two oversized storage sheds. The attached spacious laundry room has easy access to the main living area of the home.
Great home for a great price and easy to show!
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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 Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017