7701 HACKAMORE DR
About This Property
A luxurious primary suite with coffered ceiling offers two large walk-in closets and bath with dual vanities, soaking tub, large shower, toilet room and separate makeup vanity. Three additional bedrooms, two updated bathrooms and laundry round out the upper level. Both the main and upper level feature hardwood floors.
The lower level has plenty of room for recreation, exercising, flex space, bedroom, full bath and storage. There is even a second laundry area and stairs to the garage. The private, landscaped lot offers plenty of room for play, backs to green space and is fully fenced. River Falls is conveniently located to C&O National Park, Clara Barton Parkway, I-495 and I-270. Community offers swim & tennis club, playground, baseball field, soccer/lacrosse field, basketball courts, summer kid's camp, tennis teams, swim team, dive team and so much more!
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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