1043 Cielo Springs Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2024 | Relisted | $900,000 | |
| Relisted | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| May 30, 2023 | Listed by Keller Williams Heritage | $900,000 | |
| Listed by Keller Williams Heritage | |||
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The main house offers 3 bedrooms, 2 full baths, & 2 half baths and 2,489 square feet of living space. 400 square foot, 1 bedroom, 1 bathroom casita offers cozy accommodations for additional guests. This house offers extras that will impress such as the American Wormy Chestnut floors, Maple butcher block counters in the kitchen, solid doors, et al. Relax after a fun day on either the expansive front or back porches! Like to have guests? They can stay a bit longer in the nicely appointed casita. This house even offers RV hookups for additional guests. Want to tinker inside? There's an insulated walk-in attic. Want to tinker outside? There's a 30x18 workshop with its own mini-split and water heater! 3 car garage. Horses allowed-1 per acre.
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| Mar 27, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by Hill Country Real Estate | $69,500 | |
| Listed by Hill Country Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017