12735 Gate 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 |
|---|---|---|---|
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Nov 30, 2018 | Listed by The Broker Network | $515,000 | |
| Listed by The Broker Network | |||
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Due to a family emergency the sellers could no longer continue their project. Current plans ready for the city to approve. $150,000 of rough grade completed and signed off in 2017. Bio/environmental studies completed and mitigation land set aside. MDRA previously approved for 6,400 square foot home and sport court. Sewer fees paid and cable, water, natural gas and sewer available. This is an amazing lot with spectacular views! Neighborhoods: Gate Other Fees: 0
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| Jul 9, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Sundial Real Estate | $469,000 | |
| Listed by Sundial Real Estate | |||
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Are you looking for view acreage to build a dream home? Over $200,000 already invested for a ready to build lot which saves time and money. $150,000 of rough grade completed and signed off in 2017. Bio/environmental studies completed and mitigation land set aside. MDRA previously approved for 6,400 square foot home and sport court. Sewer fees paid and cable, water, natural gas and sewer available. Beautiful views from this property overlooking the City of Poway located on a private and gated driveway! This beautiful panoramic and private property has unobstructed views of Mt. Woodson, Palomar Mountain and city lights. Poway is known for its country feel, and excellent schools. This special property has cool ocean breezes because of its elevation above the valley. Welcome home! Neighborhoods: Poway Other Fees: 0 Sewer: Sewer Available
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| Aug 11, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017