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730 S Parkcrest --
About This Property
The kitchen features a breakfast bar, ample storage, and a functional layout, while the home also includes dual-pane windows and an indoor laundry space for added convenience. Covered front and back patios provide great spaces to enjoy Arizona's year-round weather. Sunland Village is known for its active lifestyle, offering golf, pools, recreation centers, and a variety of social activities. A great opportunity to enjoy low-maintenance living in one of Mesa's most established active adult communities.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017