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1607 Encino Drive
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 |
|---|---|---|---|
| Jun 10, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | In contract | - | |
| In contract | |||
| May 6, 2022 | Listed by Compass | $915,000 | |
| Listed by Compass | |||
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Beautiful fully updated single level home on a resort-like fully gated flat lot with great kitchen, granite counters, wood flooring and a large island in the highly sought after Kit Carson Neighborhood. Spacious living room with wood burning fireplace and oversized expanded french doors overlooking a lush backyard with 11 fruit trees, rose garden, waterfall, multiple patios and built-in BBQ and wood burning pizza oven perfect for entertainment. Newly renovated bathrooms, new paint, windows, spanish tile roof, plumbing and built in tiki torches! Also quiet, private and very low maintenance The manager has listed the unit size as 1917 square feet.
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| Jul 8, 2015 | Sold | ||
| Sold | |||
| Jun 2, 2015 | Listed by Coldwell Banker Res. Brokerage | $549,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017