7643 Arelli DRIVE
About This Property
Step outside to an impressive outdoor kitchen with granite countertops and a seating area, perfect for entertaining. The spacious pool area is complemented by a screened enclosure, offering ample space for relaxation, while the lot backs up to serene water views. The primary suite is a true retreat, with a sliding door to the pool area, a sitting area, and a luxurious ensuite bath featuring a walk-in shower, separate soaking tub, dual sinks, and a makeup vanity.
The home also includes a separate dining room, modern fixtures, and a side-load garage for added curb appeal. Upstairs, you'll find a bonus room, additional bedroom, and full bathroom-ideal for guests or extra living space. Located in a prime area near shopping, dining, medical centers, and top-rated schools, this home offers both luxury and convenience.
Don't miss this exceptional property!
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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