1608 Heartland Way
About This Property
& an Outdoor Fire Pit. All provides the perfect entertaining area. Large 3-car garage with drive through for backyard access. Interior features include: Plantation Shutters throughout, High Ceilings, Newer Paint, Ceiling Fans, Recessed Lightning, a beautiful Sweeping Staircase & Solar System for both house & pool which greatly reduces energy costs. Centrally located to 91/15 freeways, shopping, & restaurants! Home is located within the boundaries of coveted Santiago High School!
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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 |
|---|---|---|---|
| Mar 16, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2018 | Listed by Reliance Real Estate Services | $659,000 | |
| Listed by Reliance Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017