705 WILD OAK LANE
About This Property
There is a bar top between the kitchen and great room. Master Bedroom has more than enough room for a California King sized bed, furniture and even a small couch, if you would like. Master closet is large enough to get lost. I would bet this is the largest master closet in the community. Mst bathroom has been tastefully remolded into a spa like feeling. This home has a nice size, interior, laundry room and last but not least, you have a huge double car garage with a separate area for your work bench and sink.
Westlake village has a huge central park area, with walking trails, pickle ball courts, tennis courts, basketball courts, huge pool, club house, and fun playgrounds for the little ones. If you hate trees, don't even bother coming to this community. It has tons of beautiful, mature shade trees.
Bedroom 4 in this home is in the center of the house, with makes it a non-conforming bedroom, but it was used by the last owners for a nursery.
Listing agent has a vested interest in the property.
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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