8217 Explorador Calle
About This Property
Beautifully updated in 2020. 3 bed 2 bath home with attention to detail. Bright LED lighting strategically placed where you need it most, the kitchen backsplash tile is carried over to the bathroom sink backsplash and accent tile in showers to create a complete and uniform design. Shows like a model home out of a Crate and Barrel ad. Newer bathrooms, quartz counter tops in kitchen, stainless steel appliances, pendant lights above the kitchen island, kitchen cabinets with soft close, vinyl flooring, sliding doors, water heater and brand new $5k electrical service was installed 2 yrs ago., the list goes on and on. Enjoy your outdoor living area in this large private backyard. Large mature trees shades the back yard. There's a nice cement patio to put your fire pit and chairs on and a beautiful Pergola sitting area for those cool summer nights. Large front yard with plenty of space on the side for RV Parking too! no HOA's, close to parks, shopping and easy access to I-25 and highway 36.
Pretty much move in condition for you!
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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