7247 Apache TRAIL
About This Property
This stunning concrete block constructed, split-floor plan home offers a one-story layout that optimizes living space. The open concept kitchen overlooks the great room, creating a spacious and inviting space for entertaining guests or relaxing with family. The kitchen is well-appointed with stainless steel appliances, including a refrigerator, built-in dishwasher, electric range, and microwave.
The master bedroom is located at the back of the home for privacy and includes a master bathroom with a walk-in closet. Two additional bedrooms are separated by the second bathroom. The home also has a full-size 2-car garage and a laundry room with an included washer and dryer.
This home is perfect for families or anyone who wants a spacious and comfortable place to call home. It is located in a neighborhood with easy access to schools, shopping, and restaurants.
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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