11487 Demaret 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 |
|---|---|---|---|
| Nov 28, 2021 | No longer available | - | |
| No longer available | |||
| Nov 7, 2021 | In contract | - | |
| In contract | |||
| Oct 15, 2021 | Listed by Berkshire Hathaway Homeservices California Realty | $595,000 | |
| Listed by Berkshire Hathaway Homeservices California Realty | |||
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Recently renovated 5 bedroom, 3 bathroom home located in a highly desirable Fairway Canyon Community. This turnkey home is ready to move in and enjoy the upcoming holidays. Huge loft upstairs to add another bedroom if needed. One bedroom and bathroom downstairs. Spacious living, dinning room and family room to entertain all your guest. Fully function kitchen with granite counter top and a beautiful island open to the family room. You have a full range of amenities at the Association facilities, such as; swimming pool, gym, park, clubhouse and picnic areas. The manager has listed the unit size as 3440 square feet.
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| Feb 21, 2020 | Sold | ||
| Sold | |||
| Dec 9, 2019 | Listed by OPENDOOR BROKERAGE INC. | $445,000 | |
| Listed by OPENDOOR BROKERAGE INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017