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12397 Alcorn Drive
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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%.
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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 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 24, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $212,000 | |
| Listed | |||
| | |||
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Nice 2004 home in north Eagle Ranch. walk distance to schools Morgan Kincaid preparatory and Mesa Linda middle school, also close to Hwy 395 and 15 Fwy for commuters! almost 1350 square feet of split floor living space with 3 bedrooms and 2 bathrooms Fireplace in living room, spacious kitchen with dining area, two car attached garage. Close to all the conveniences of The Mall, grocery stores, movies, restaurants with easy access to travel north on the I15 to Las Vegas and south on the I15 to Rancho Cucamonga, Fontana and all the cities down below, also about 30 to Ontario Airport, Located just 10 miles to Southern California Logistics Airport, a 8,500-acre multimodal freight transportation. The largest fully integrated commercial development in the region, Global Access include: Southern California Logistics Airport, a 2,500-acre world-class aviation and air cargo facility and is located in Victorville. The manager has listed the unit size as 1348 square feet.
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| Jun 18, 2018 | Listed by CENTURY 21 DESERT ROCK | $212,000 | |
| Listed by CENTURY 21 DESERT ROCK | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017