12252 Custer Street
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 |
|---|---|---|---|
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Listed by eXp Realty of California, Inc. | $625,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to 12252 Custer St., a property that offers a myriad of possibilities for its future owners. This expansive estate sits on a ¾ +/- square foot lot and boasts a main house with 3 bedrooms and 2 baths. The versatile layout includes a converted garage featuring a living room, kitchenette, dining area, bedroom, and bath.
As you explore the grounds, a well-maintained yard area leads to the inviting in-ground pool and a custom BBQ island, perfect for outdoor entertaining. Adjacent to the pool is a pool house that adds another layer of convenience with a living room, dining area, kitchen, walk-in pantry, bedroom, and bath. Additionally, a separate structure provides two rooms and a bath, offering ample space for various uses.
Some areas of the property have been upgraded, showcasing a custom concrete circular driveway, RV parking with hook-ups, and the infrastructure for automatic entry gates. The zoning of RS10-M with a minimum lot size of 7,200 square feet raises the possibility of subdivision, adding to the property's potential.
It's essential to note that while some upgrades have been made, there are unfinished elements and conversions that may be incomplete or unpermitted. Prospective buyers are advised to conduct their own investigations to ensure all aspects of the property meet their expectations.
Please be aware that due to the property's condition, FHA or VA loans may not be suitable. However, for those with a vision and a willingness to complete or improve certain features, 12252 Custer St. presents an exciting opportunity to create a unique and personalized living space. The manager has listed the unit size as 1712 square feet.
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| Mar 6, 2019 | Sold | ||
| Sold | |||
| Nov 21, 2018 | Listed by REVIRON REALTY | $449,900 | |
| Listed by REVIRON REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017