12525 Mustang Drive
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 |
|---|---|---|---|
| Jun 23, 2022 | No longer available | - | |
| No longer available | |||
| May 24, 2022 | In contract | - | |
| In contract | |||
| May 20, 2022 | Price Increased |
$950,000
↑ $150K
(18.8%) | |
| Price Increased | |||
| May 4, 2022 | Listed by eXp Realty of California Inc | $799,900 | |
| Listed by eXp Realty of California Inc | |||
| | |||
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Bright open floor plan with updated kitchen and bathrooms features granite kitchen counters, recessed lighting, quartz bathroom counters, new tile shower enclosures and more. Newer double paned windows with hidden screens and French doors from master and dining leading to tranquil patio. New paint and carpet. Low maintenance yard includes drip irrigation and beautiful landscape. Parking for RV or boat. Extra storage. No HOA or Mello Roos. Poway schools. The manager has listed the unit size as 1775 square feet.
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| Jul 11, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017