1048 Tesoro Avenue
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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 |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Sep 5, 2020 | Listed by Coldwell Banker Realty | $729,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Spectacular home and high vaulted ceilings in living room w/lots of windows & separate dining room. The kitchen opens to family room and features stainless steel appl,Brazilian granite counters & a custom, tumbled marble back splash. Plantation shutters throughout. Huge walk in closet in master. A/C, rain gutters, extra storage in the garage and beautiful stained, acid etched patio and nice grassy area. Cute side yd. utility room w electricity. Super Area, parks and rec. area close by. Hurry. Won't last. [Supplement]: Santa Fe Hills is a sought after neighborhood in San Marcos. NO HOA! 4 bedrooms, 2.5 baths, 2,302 SF in popular Tesoro neighborhood. Great schools!
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| Sep 2, 2016 | Sold | ||
| Sold | |||
| Jul 28, 2016 | Listed by Hometown Advantage | $605,000 | |
| Listed by Hometown Advantage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017