7349 Serrano Terrace
About This Property
NEW SIERRA MADRE TILE ROOF BEING INSTALLED DECEMBER 2021. NEWLY REMODELED KITCHEN WITH CARRARA MARBLE COUNTERTOPS AND STAINLESS STEEL APPLIANCES.
TOP OF THE LINE PGT IMPACT WINDOWS AND DOORS. SOLID CORE INTERIOR DOORS, LEVEL 4 SMOOTH INTERIOR WALLS, 3/4 INCH BAMBOO HARDWOOD FLOORS WITH 6 INCH BASEBOARD. ALL BATHROOMS HAVE BEEN COMPLETELY REMODELED. SURROUND SOUND WITH INDIVIDUAL ROOM VOLUME CONTROL. RECESSED LED DOWNLIGHTING THROUGHOUT. INTERIOR AND EXTERIOR HD CAMERA AND SECURITY SYSTEM. PLANTATION SHUTTERS IN EVERY ROOM. TILED GARAGE FLOOR, BUILT-IN CABINETS, NEW CHAMBERLAIN AUTO OPEN, AND ECO SMART TANKLESS HOT WATER HEATER. BEAUTIFUL LAKE VIEWS, PRIVATE BACKYARD WITH CUSTOM SALTWATER POOL AND SPA. FRONT AND BACKYARD LED LANDSCAPE LIGHTING. AQUA LOGIC HANDHELD POOL CONTROLS WITH HAYWARD MUTI-COLOR LED LIGHTING. BEAUTIFUL GATED COMMUNITY WITH LOW HOA DUES.
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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%.
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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 Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017