7716 GLENISTER DR
About This Property
Main Level: Vaulted ceilings – Hardwood floors– Eat- in kitchen renovated with new cabinets & granite counters, 2013 – SS gas stove & microwave, 2015 - SS Dishwasher 2024 – High windows for extra light – Updated slider and over-size windows lead to rear deck
Upper Level: All 4 bedrooms are on Upper Level - Primary suite includes private bathroom and large shower – Hardwood floors – Updated bathrooms, 2013 – Attic with pull-down stairs
Lower Level: Wood-burning fireplace – New carpet, 2024 - Walk-out basement to side and rear yards – Upgraded exterior doors – Unfinished area with high ceilings, natural light
General Features: Freshly Painted -– Double-pane replacement windows – Ample storage
Exterior Features: Double-wide driveway – Extra-long carport – Electric car charger – Deck, 2024 – Roof, 2013 –- Professionally landscaped with stacked stone walls, 2017 - Storage shed conveys
Location: Minutes away from a variety of restaurants, Springfield Mall, Franconia-Springfield Metro, and easy access to I-395, HOT Lanes, and The Beltway. to nearby Lake Accotink or Burke Lake for hiking or just relaxing in a peaceful nature setting. West Springfield Highschool pyramid.
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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%.
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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 West Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017