10953 Riesling Drive
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 29, 2021 | In contract | - | |
| In contract | |||
| Apr 19, 2021 | Listed | $1,275,000 | |
| Listed | |||
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Welcome to “Wine Country” Scripps Ranch!!! This beautifully remodeled home has over $100,000 in upgrades from the current owners. The kitchen is a chef’s dream come true with custom cabinetry, granite countertops and ss appliances. The master bedroom retreat is spacious with a cozy reading area. Newer energy efficient heating and A/C. The ultra-private backyard is an entertainer’s fantasy with a soothing fountain, lush green hillsides for gardening, large pergola for plenty of shaded seating, artificial grass area and a grape vine that produced 50 bushels of green grapes last year! There’s also room for an RV, boat, motorcycles or any other toys. No mello-roos or HOA. Great school district too! The manager has listed the unit size as 2480 square feet.
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| May 12, 2015 | Sold | ||
| Sold | |||
| Mar 14, 2015 | Listed by San Diego Castles Realty | $789,000 | |
| Listed by San Diego Castles Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017