1332 Garfield 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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by HomeSmart | $315,000 | |
| Listed by HomeSmart | |||
| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jul 18, 2022 | Listed by Homeland Realty | $229,900 | |
| Listed by Homeland Realty | |||
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FIXER in a well-desired area in Thermal, CA., come build your equity into this property with a little TLC now! Huge lot, over 9,000 sqft, offers endless opportunities, from storing your desert toys to RV parking. This property is only 30 minutes away from big tourist destinations such as Coachella and Borrego Springs and only 1hr away from Glamis Dunes. Get out your desert toys and take advantage of this opportunity now, call your agent today! The manager has listed the unit size as 1440 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017