9640 Canberra Drive
About This Property
The main level features a formal sitting and dining areas with a two-sided fireplace leading into the cozy family room. Right off the family room is the area for the kitchen table, kitchen itself, and powder room. Just off the kitchen eat in area is the slider with plantation shutters to the back yard. Covered patio awaits you here. Most of the main floor has real hardwood floors.
Upstairs you will find a master bedroom with an ensuite bath, two spare beds with a shared bathroom. Down in the basement is a spacious rec room with a projector and large screen for your private movie theater. Washer and dryer are also located here.
Well cared for home in the desirable Highlands Ranch with all its amenities, trails and rec centers.
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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