1
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1220 Shafter Avenue
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 |
|---|---|---|---|
| Oct 14, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Coldwell Banker Realty | $895,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 17, 2014 | Sold | ||
| Sold | |||
| Oct 25, 2014 | Listed by Douglas Elliman of California, Inc. | $489,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
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Adorable is the word for this "cottage in the woods" with beautiful wood finishes, newer kitchen and bath. Many interesting features to discover in this home. Cozy fireplace in living room as well as free-standing stove. Storage abounds with many built-ins. Must see the inside to appreciate this unique home in Pacific Grove- America's Last Home Town.
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Property Highlights
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Price/ft²
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About Pacific Grove
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$2,480 /mo
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$4,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017