121 Monterey Boulevard
About This Property
The roof and electric are in excellent condition. Rents for $500 a month.
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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 29, 2014 | Listed by WATSON REALTY CORP | $39,900 | |
| Listed by WATSON REALTY CORP | |||
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Completely renovated home. Investor special. Rents for $650. Fire restoration done 1 year ago. House is all new. Roof, sheet rock, kitchen, bath room. Ready to rent.
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| May 10, 2010 | Listed by WATSON REALTY CORP | $22,900 | |
| Listed by WATSON REALTY CORP | |||
| Aug 13, 2009 | Listed by WATSON REALTY CORP | $29,000 | |
| Listed by WATSON REALTY CORP | |||
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This is a handy-man special. The repairs are estimated at $5,000. Needs new carpet, paint, some drywall patches, glass for broken windows, countertops, refrigerator.
The roof and electric are in excellent condition. Rents for $500 a month
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| Feb 16, 2006 | Sold | ||
| Sold | |||
| Jan 6, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017