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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed | $1,850,000 | |
| Listed | |||
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Exquisitely remodeled, this single family residence is located in Turtle Rock with beautiful landscaping, hardwood floors throughout & a private yard perfect for entertaining. This 5 bedroom, 3.5 bath home boasts two master suites with one on the main level. The two living spaces & kitchen offer natural lighting, coffered ceilings, two fireplaces & Nest Thermostat. A gourmet cooks delight, the kitchen includes stainless steel appliances: 6 burner gas range, built-in microwave & refrigerator, double ovens, Quartzite counters, hidden spice racks & a walk-in pantry. The kitchen island overlooks the dining & living area that features bay windows & sliding french doors leading to a covered outdoor loggia. Outdoor spaces include multiple patios in the backyard & side yards, a jacuzzi with new equipment, an outdoor firepit with seating, BBQ with griddle. Climbing the wrought iron stairs, you find the master bedroom to your left & secondary rooms. The secondary rooms have natural lighting with large windows, closets, & chic modern hall bath. A Double Door entry to the master leads to a retreat with fireplace, built-ins & desk. The charming suite has vaulted beamed ceilings, private deck overlooking the yard & two closets. The gorgeous en suite bath comes with a stand alone soaking tub, frameless walk-in shower & dual vanities. The 3 car garage offers generous storage space, epoxy floors. This property is located near shopping, freeways & great Irvine schools. The manager has listed the unit size as 3581 square feet.
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| Jan 10, 2018 | Listed by Hanu Reddy Realty | $1,850,000 | |
| Listed by Hanu Reddy Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017