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7417 MAYAPPLE Road
About This Property
The home features and open floor plan with spacious a spacious living area and a beautifully updated kitchen equipped with modern granite countertops and stainless steel appliances. For your convenience, the primary bedroom includes an ensuite bath and walk-in closet that provides excellent storage space. Conveniently located on the Eastside, this home offers easy access to I-295 North, the Southside Connector, and the Arlington Expressway. You are also just minutes away from major employment hubs downtown and the premier shopping and dining at St. Johns Town Center.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017