1514 Margarita Drive
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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.
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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 1, 2023 | No longer available | - | |
| No longer available | |||
| May 1, 2023 | In contract | - | |
| In contract | |||
| Apr 27, 2023 | Listed by RE/MAX Lakeside | $1,550,000 | |
| Listed by RE/MAX Lakeside | |||
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PERFECTION....Resort living is calling you......This beautifully remodeled home is waiting, in one of the most sought-after areas in Redlands. 4 bedrooms 3 baths, 2 separate entertainment spaces. AMAZING newly renovated Kitchen with high end appliances, New Flooring throughout. All Bathrooms have been remodeled, 2 Fireplaces. NOT one piece of this home has not been touched with new and/or updated fixtures. Master bedroom with its own fireplace retreat and coffee bar..... I haven't even started... Outside is breathtaking, you will be able to enjoy your own piece of paradise in this resort like backyard, with its own covered outside kitchen and living space, screaming for entertaining the pickiest of guest. PAID for SOLAR.. Koi Pond with gorgeous fish, Two wrap around porches, Up and Downstairs, that overlook a view that cannot be imagined, but a must see...... NO expense was spared on this home.....Please call me or your agent to get a full list of all the renovations/upgrades on this house. NOT enough MLS space to even touch the surface. Come and see this home YOU will not be disappointed. The manager has listed the unit size as 3392 square feet.
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| Jul 16, 2020 | Sold | ||
| Sold | |||
| Aug 16, 2019 | Listed by RE/MAX ADVANTAGE | $878,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017