11024 NESMITH
About This Property
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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%.
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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.
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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 26, 2018 | Sold | ||
| Sold | |||
| Sep 27, 2018 | Listed by Compass | $475,000 | |
| Listed by Compass | |||
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Custom home on a full usable acre. Completely transformed floorplan needs completion, ready for your finishing touches! Approved plans, open permit for 2 bed + office including awesome master suite. Major investments include: reconfigured framing/engineering for open concept, vaulted ceilings, terraced grounds w irrigation, full fencing, all new exterior doors, windows & stucco, +more. Over $100k already invested! Corner lot on a cul-de-sac...quiet, private living with gorgeous valley views. SEE SUPP Home must be financed with private money, rehab loan, or sold cash. Still needs electric, plumbing, HVAC, flooring, drywall, kitchen & bath finishes, and some final framing. UPDATED Plans are approved as a 2 bedroom + Office.. Neighborhoods: North Escondido Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 14, 2018 | Listed | $550,000 | |
| Listed | |||
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CONTRACTOR OPPORTUNITY! This property has already been completely transformed & is now ready to be finished. Current owner's substantial investments to date include: fully approved plans to current building code, reconfigured framing/engineering for open concept, vaulted ceilings, terraced grounds with irrigation for max usability/water management, full fencing, all new exterior doors, windows & stucco, +more. Corner lot is ideally set on a cul-de-sac road for quiet, private living with gorgeous views. The manager has listed the unit size as 2100 square feet.
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| Sep 8, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017