1618 CHAMPLAIN Terrace
About This Property
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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.
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 7, 2019 | Sold | ||
| Sold | |||
| Mar 27, 2019 | Listed by Compass | $940,000 | |
| Listed by Compass | |||
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In the heart of Echo Park, this 1914 Bungalow has so much to offer; from gorgeous mountain/canyon views, to its privacy perched up on the hillside. Enter from a comfortable front porch into a beautiful living room with original hard wood floors, plank ceilings, and remodeled kitchen. Take in true California living with an additional indoor/outdoor family room that opens onto a large deck and back yard. This two bedroom, one bath home features many upgrades to accompany its original charm, from recently completed foundation work, A/C with Nest thermostat, newer appliances, and a one car garage. Around the corner from Pollen Cafe, nearby Valerie Bakery/Cafe, and Elysian Heights Elementary; you can also hike the famous Baxter Stairs and visit Echo Park Lake within a matter of minutes! This Home is not to be missed, must see!
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| Nov 16, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | Listed by Redfin | $899,000 | |
| Listed by Redfin | |||
Property Highlights
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About East LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017