120 E 218th Street
About This Property
Unlock the potential of this 3-bedroom, 2-bathroom home boasting 1,457 sq ft of living space on a generous 6,417 sq ft lot. Located in the vibrant City of Carson, this property is a prime opportunity for investors looking for their next flip or value-add project.
Featuring a detached garage, gated entry, and a spacious layout, there's plenty of room to reimagine and renovate. The sizable lot offers potential for expansion, ADU development, or simply enhancing curb appeal.
With strong resale comps in the area and increasing demand, this is your chance to bring new life to a home with great bones in a desirable location.
Don't miss this diamond in the rough-opportunities like this in Carson are rare!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | Listed by Pacific Estates | $650,000 | |
| Listed by Pacific Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017