140 Ibiza Lane
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 |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Aug 6, 2019 | Listed by HOMESMART | $355,000 | |
| Listed by HOMESMART | |||
| Jun 24, 2013 | Sold | ||
| Sold | |||
| Apr 17, 2013 | Listed by The Beeson Group Inc | $178,000 | |
| Listed by The Beeson Group Inc | |||
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HUD Owned - Spacious West Hemet home featuring separate formal living and dining rooms, open family room with fireplace and kitchen with large dining area and tile flooring, 1st floor laundry room, 1st floor bedroom and bathroom, loft, master suite with walk in closet, and 3 additional bedrooms and 1 full bathroom on the 2nd floor. The home also features a covered patio and 2-car garage. Easy access to highways, shopping, schools, and more. Sold As Is with no warranty expressed or implied. See remarks. Neighborhoods: Hemet Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017