1291 Indian Ocean Avenue
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 |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Dec 26, 2023 | Listed by Excellence RE SoCal Properties | $307,000 | |
| Listed by Excellence RE SoCal Properties | |||
| Mar 10, 2021 | Sold | ||
| Sold | |||
| Jan 22, 2021 | Listed by Excellence RE SoCal Properties | $185,000 | |
| Listed by Excellence RE SoCal Properties | |||
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Great Family home in Salton Sea Area, Property features Large Family room with Ceramic flooring, Beautiful Kitchen with lots of cabinets and granite counters tops, 3 large bedrooms, 2 baths, Inside Laundry, Large back yard, wood fence, 2 car garage, Great price!! Buyer to verify sq. ft.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017