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7103 WENDY Circle
About This Property
While this home is being sold as-is, most of the heavy lifting has been done already, boasting updated features including customer designer wood countertops in the kitchen and bathroom, an updated 50-year roof, brand new HVAC inside and out, updated flooring, and a powerful tankless water heater.
This property offers strong potential for a buyer who wants added space and flexibility without starting from scratch. The layout, corner lot, and storage options make it especially appealing for someone looking for room to expand or reconfigure.
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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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$1,350 /mo
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$1,690 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017