1110 Maddie Lane
About This Property
maintenance ease of living with a lovely front entry with a babbling fountain and lovely patios in the front and rear yard. This open,light and airy floor pllan boasts 4 bedrooms and 3 bathrooms on a .21 acre lot. Additional features include: 8 zone security system,Pur-a-life water purifier, cast stone custom fireplace mantle, attic storage 50 x 7ft wide and 7 ft. tall with pull down ladder, 6 ceiling fans, TV's mounted throughout. This home was built by Fraser Development and is only one of 10 homes in this development .This prime location is perfect for nature lovers and close to UCR and 60
freeway. An added bonus is the proximity to Sycamore Park with its mountain bike and walking trails. Also, being walking distance to Canyon Crest Town Center with restaurants and coffee shops add to the pedestrian livability of this premier location.
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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 |
|---|---|---|---|
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Feb 19, 2018 | Listed by WINDERMERE R.E. TOWER PROP. | $665,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017