1480 Warmlands Avenue
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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%.
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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 21, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by HomeSmart Realty West | $825,000 | |
| Listed by HomeSmart Realty West | |||
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Privately gated, spacious home in the desirable Warmlands area. Stunning open beamed ceilings in the 2 story entryway, inviting living room and separate dining room. (Please see 3D iGuide tour above.) Made for entertaining with indoor/outdoor living. This turnkey home features fireplaces in both the living & family room. Private balcony & retreat area in the expansive master suite with large walk-in closet. Bedroom & full bathroom on 1st floor for guests. Park-like yard with abundant lemon trees. Considering offers between $799,000 - $825,000. Numerous upgrades! Beautiful solid mahogany front door is sure to impress. Santa Barbara stucco for smoother texture. Entire exterior & interior newer paint. Gutters installed. Newer vinyl fencing along side & back of home. AC new in 2015. Whole house water softening system, including outside spigot for spotless car washes. New FP in living room. Custom cabinets in garage & epoxy floor. No HOA or Mello Roos!. Neighborhoods: Warmlands Equipment: Shed(s) Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Feb 20, 2015 | Sold | ||
| Sold | |||
| Dec 11, 2014 | Listed by Canter Brokerage | $635,000 | |
| Listed by Canter Brokerage | |||
| Dec 9, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017