New listing in Urbana Highlands! This spacious four-bedroom,
three-and-a-half-bath home combines a bright, open interior with
major system updates and a versatile finished lower level. The main
level offers comfortable living and entertaining spaces, while the
finished basement includes a recreation room, built-in bar, bonus
room and full bathroom-ideal for guests, a home office or extended
living space.
Major improvements include the Roof and HVAC system in 2020,
microwave and dishwasher in 2023, gas range and garage door in
2024, and upstairs carpeting in 2025. Outside, enjoy a rear deck,
mature trees and a setting adjoining a tree-conservation area.
Additional features include a two-car garage with storage racks and
access to Urbana Highlands pools, walking trails, tennis courts,
playgrounds and other community amenities.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017