8403 MATHONIA Avenue
About This Property
May 2000 House Re-Piped,
July 2008 All windows replaced with Betterbuilt single-hung aluminum #3740 insulated glass,
Sept 2010 (9/25) Complete reroof 30 yr/10yr workmanship,
December 2010 Heated pool and screen enclosure,
January 2012 Upgraded electrical panel,
April 2013 (4/19) Alpha Foundation repaired crack in front wall with 3 3" Helical Pier Standard Bracket,
May 2015 (5/22) 3.5 ton A/C new air handler,
October 2015 Replaced duct work,
July 2019 New fence and gates,
April 2020 Replaced pool pump.
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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