12526 Mustang Drive
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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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by HomeSmart Realty West | $1,000,000 | |
| Listed by HomeSmart Realty West | |||
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This is the one you've been waiting for! Not only is the neighborhood fantastic, but this hilltop location in the community provides incredible views & cool ocean breezes. The homes behind are much lower for privacy, as well as unobstructed sunsets..... and there's not a power line in sight! Backyard oasis is conducive to ultimate indoor/outdoor living & entertaining. The entire back concrete deck has been redone, has proper drainage, and is surrounded by vinyl fencing. Sparkling pool is heated by thermal solar, but there's also a gas heater for the spa. Gas BBQ is built in with ample counter space for serving guests. On the south side of the house there are 2 large sheds that convey, and on the north side yard you'll love the large sectioned off area that makes for a great dog run or extra storage. Home is in the highly regarded Poway Unified School District, and there is no HOA nor Mello-Roos! Close to tons of restaurants, shopping & multiple grocery stores including the brand new Trader Joes just minutes away. Quick access to the I-15, and a quick jaunt down I-56 to Del Mar beaches or La Jolla Cove!
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| Jul 9, 2012 | Sold | ||
| Sold | |||
| Jun 7, 2012 | Listed by RE/MAX Hometown, Realtors | $429,900 | |
| Listed by RE/MAX Hometown, Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017