1393 Ocotillo 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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by COMPASS | $279,900 | |
| Listed by COMPASS | |||
| Aug 13, 2023 | No longer available | - | |
| No longer available | |||
| Aug 10, 2023 | Listed by CENTURY 21 Now Realty | $175,000 | |
| Listed by CENTURY 21 Now Realty | |||
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One of 3 half-acre lots located in the prestigious neighborhood of Alessandro Heights-Whitegate. Imagine your own custom home on a quiet cul-de-sac surrounded by million dollar homes! Lots are in a developed neighborhood so the street is paved and curbed and utilities are nearby. Don't miss out on this rare opportunity where there aren't many vacant homesites left. Lots downslope from street, seller has rough plans for two-level residences with walkout basement floorplan layouts. Lots are offered for sale separately or in combination with lots at 1389 & 1393 Ocotillo. Properties qualify for vacant land and one-time close new construction financing, call for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017