1131 La Mesa Drive
About This Property
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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 |
|---|---|---|---|
| Mar 13, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by Real Estate Reformation | $593,900 | |
| Listed by Real Estate Reformation | |||
| | |||
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Beautifully updated home located in the Reservation of Richardson. All work was completed with permits through city of Richardson. Some of the updates include a new roof, new windows, custom cabinets, updated bathrooms, updated electrical, updated plumbing, appliances, and much more. The home has a beautiful open floor plan with a lovely fireplace as a focal point of the home. Great backyard with an eight-foot board on board cedar fence. It also has a new driveway with stunning curb appeal.
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| Oct 18, 2022 | Sold | ||
| Sold | |||
| Aug 28, 2022 | Listed by Compass RE Texas, LLC | $375,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Reservation
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 4 Beds
- 2 Baths
- 1,553 ft²
$2,895 /mo
- 3 Beds
- 2 Baths
- 2,243 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017