12516 Paseo Azul
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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%.
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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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 9, 2024 | Listed by Winterberg Realty | $299,950 | |
| Listed by Winterberg Realty | |||
| Sep 19, 2008 | Sold | ||
| Sold | |||
| May 15, 2008 | Listed by Paul Todd Realty | $174,450 | |
| Listed by Paul Todd Realty | |||
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CareFree plan 587 OL with outdoor living area. Sold before listed. This two story home flows beautifully from front porch thru the living dining combo to the den with built ins and fireplace. Kitchen has eating area. Laundry room and three quarter bath downstairs. Three bedrooms upstairs plus spacious loft. Huge balcony and outdoor living area which is 4500 . extra. CareFree is an energy star builder 4 points contribution.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017