11812 Glorietta Road
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 |
|---|---|---|---|
| Jun 30, 2023 | Listed by Cornerstone Realty | $424,999 | |
| Listed by Cornerstone Realty | |||
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Discover your dream home nestled on a sprawling pomegranate lot over three acres large! This remarkable gem boasts three spacious rooms, two baths, and has been immaculately maintained. With an abundance of open space, you'll have plenty of room to enjoy & create lasting memories. Prepare to be enchanted by the lush greenery surrounding you, with over 900 pomegranate trees, yielding a bountiful harvest of 40lbs per tree & 9 pecan trees (both income producing). Thrive on the property, of delectable pomegranates & pecans for sale every year. The lot is regularly irrigated and diligently watered, ensuring the perfect conditions for both your home and the flourishing orchard. Current solar panels have balance to be paid off by seller at closing, including those in backyard casita ft. studio room +200 sqft & refrigerated air. Don't miss this exceptional opportunity to move into a beautiful, move-in ready haven that embraces nature's bounty in every aspect.
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| Apr 9, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by Moran & Associates | $162,000 | |
| Listed by Moran & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017