9776 MAPLE TRACE CIRCLE
About This Property
Available for the first time by its original owners, this meticulous home has been lovingly cared for throughout the years and is beautifully sited on a spacious corner lot, flooded with natural light beaming throughout this 4 bedroom 4½ bath home. Featuring a spacious open floorplan, hardwoods, sunroom, fully finished lower level, fully fenced courtyard, covered front porch, two car garage and lots and lots of storage!
This is a wonderful opportunity.... to live in one of Fairfax City's finest and most sought-after neighborhoods, you are just a stone's throw to fine dining, specialty shopping, major transportation routes, multiple parks, recreation centers and everything else the city has to offer!!!
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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 Fairfax
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017