1122 Cima 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%.
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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 |
|---|---|---|---|
| May 1, 2013 | Sold | ||
| Sold | |||
| Feb 16, 2013 | Listed by Berkshire Hathaway HomeService | $849,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Oct 29, 2012 | Sold | ||
| Sold | |||
| Jul 14, 2012 | Listed by Coldwell Banker Village Prop | $570,000 | |
| Listed by Coldwell Banker Village Prop | |||
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This house has it all! EXCEPT HOA fees or mello-roos! Located in a highly desirable neighborhood with custom homes on a large .42 acre lot, with no neighbors behind home. This home is a spacious 4624 sq. feet and is designed for multi uses. There is a separate bedroom and bath on the entry level for the in laws, teenagers, or guests. Don't worry about your guests not being able to access the main level, we have an elevator just for them! The views from the main level are spectacular! See supplement. [Supplement]: Enjoy the fireworks at Bradley Park from your back yard. All the rooms are large with the master bedroom located in a separate wing of the home. A remodel has been started, just waiting for the buyer to complete. Beautiful wood floors have been installed throughout the home and 2 1/2 bathrooms have new tile flooring. The flooring in the master bath has been removed awaiting the buyer to customize and finish. The home has a spacious step down living room with access to the pool in the backyard, a separate family room, a game room (which could be converted into another bedroom), a master sitting room/office, and an open entry area. Don't miss the 3 car garage with large storage rooms and the best of all--for the handyman--a large 27x29 workshop with 220 V. Enjoy the views from the wraparound balcony and covered porch while having your morning coffee or evening dinner. Excellent schools-Discovery Elementary and San Elijo Middle and San Marcos High School being completely remodeled. Short sale has been approved at the list price. Commissions will be split 50/50.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017