1557 Bay Meadows Dr.
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 6, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by eXp Realty of California, Inc. | $799,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Discover the perfect blend of comfort and style in this beautifully updated 3-bedroom, 2.5-bathroom home nestled in the picturesque community of Alpine, CA. As you enter, you'll be greeted by a spacious living area, featuring sleek, modern finishes. Natural light floods the space, enhancing the fresh, contemporary aesthetic. Step outside to your own private oasis, where you can enjoy breathtaking views of the surrounding landscape from the comfort of your backyard. The outdoor space is perfect for entertaining or simply soaking in the serene atmosphere. Located in a vibrant neighborhood, this home benefits from a friendly, active community and is just minutes away from local amenities, including shopping, dining, and entertainment options. Whether you're looking for peace and quiet or an active lifestyle, this property offers the perfect base to enjoy the best of Alpine. This turn-key home has been meticulously updated inside and out, ensuring that every detail is in place for you to move in and start enjoying your new home!
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| Oct 21, 2014 | Sold | ||
| Sold | |||
| Jul 31, 2014 | Listed by Pacifica Properties | $424,900 | |
| Listed by Pacifica Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017