1168 Cervantes Way
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Denman Real Estate Group, Inc. | $1,298,000 | |
| Listed by Denman Real Estate Group, Inc. | |||
| Apr 29, 2022 | No longer available | - | |
| No longer available | |||
| Feb 7, 2022 | Listed by Keller Williams - San Francisco | $1,099,000 | |
| Listed by Keller Williams - San Francisco | |||
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Highly desirable 3Bed | 1Bath rancher in the heart of Pacifica, three blocks from the beach. This turnkey smart home showcases an impressive combination of technological amenities and elegant design features. Imagine coming home where you can control the front door and overhead garage door from your phone with smart lock devices. You walk into a daylit, open-concept living and dining room with a sliding door to bring the outdoors in. The temperature, lighting, and stereo system can be programmed from your phone to fit your mood or party plan with the Nest thermostat, smart lighting, and in-ceiling speaker system.The sunny living room is equipped with plantation shutters, hardwood floors and a custom fireplace. Bedrooms have new, matching hardwood flooring to add to the feeling of warmth and relaxation. The larger bedroom was finished with custom walnut and maple wood drawers and a smart motorized roller blackout shade. This home has an updated bathroom with a new bidet for ultimate comfort. The kitchen has granite countertops and all stainless steel appliances.The large outdoor patio space, with smart switch controlled string lights, invites you to kick back with friends or enjoy the outdoors while working from home. The landscaped front and back yard are on a smart sprinkler controller. Come see the finished garage with new LED lighting and a dust collector; the perfect space for a home workshop.The location gives you the best of both nature and urbanity with mountain views, beach trails, and a very walkable neighborhood shopping center. Short and scenic drive to San Francisco and Silicon Valley. The manager has listed the unit size as 1040 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017