1123 La Mesa 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%.
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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.
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 |
|---|---|---|---|
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 4, 2021 | Listed by Compass | $660,000 | |
| Listed by Compass | |||
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Enjoy stunning views of the valley and ocean on a clear day from this 4 bedroom Dictionary Hill home with gorgeous pool and spa! Updated kitchen includes new stainless steel appliances, breakfast bar, oversized pantry storage and granite countertops. Large living room has picturesque windows framing stunning sunset and city views. Great entertainer's backyard has pool, spa, and upper gazebo area. Bedroom on main living level has large patio on view side. Top floor has spacious master bedroom with walk in closet, and ensuite bathroom with custom tiled shower. Attached two car garage has direct access into home. Bonus basement is great for extra storage.
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| Feb 6, 2013 | Sold | ||
| Sold | |||
| Dec 29, 2012 | Listed by Allied Green Realty | $375,000 | |
| Listed by Allied Green Realty | |||
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About La Presa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017