1564 Paintbrush Way
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2024 | Listed by USRealty.com, LLP | $529,000 | |
| Listed by USRealty.com, LLP | |||
| Feb 12, 2023 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Listed by Custom Fit Real Estate | $60,000 | |
| Listed by Custom Fit Real Estate | |||
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OWNER WILL CARRY! DESIGN AND BUILD A CUSTOM HOME IN THE ALMOST COMPLETE VALLEY HEIGHTS NEIGHBORHOOD! Utilities are stubbed to the property including power, water and sewer! (saving you connection fees and no need for septic tank!) Prime Cul-de-sac location in desirable neighborhood. ±55 minutes from downtown Las Vegas! Fiber internet to the lot with speeds up to 1Gb, ideal for telecommuters. Sale is subject to the signature of a custom home construction agreement with Moapa Valley Builders LLC and payment of a $20k non refundable advance prior to close of escrow. Owner will carry land purchase with $0 down until start of construction.
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| May 21, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017