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1307 M
About This Property
The home is in average condition and provides a solid foundation for homeowners, investors, or those looking to add value over time. Conveniently located near shopping, dining, schools, and everyday amenities, this property combines location, space, and potential.
The seller is highly motivated and ready to make a deal. Don't miss this opportunity to own a property with upside potential in a desirable Bakersfield location. Submit all offers!
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Cap Rate Calculator
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 24, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Keller Williams Coastal Prop. | $259,900 | |
| Listed by Keller Williams Coastal Prop. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017