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1735 Skyline 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%.
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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 |
|---|---|---|---|
| Feb 27, 2022 | No longer available | - | |
| No longer available | |||
| Feb 12, 2022 | Price Increased |
$755,000
↑ $56K
(8%) | |
| Price Increased | |||
| Feb 9, 2022 | In contract | - | |
| In contract | |||
| Feb 3, 2022 | Listed by Redfin Corporation | $699,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Completely remodeled single story home located on an elevated .39 acre lot in Lemon Grove! This huge lot has RV parking with electric hook-ups, parking for up to eight vehicles, a Conex shipping container, and room for multiple ADUs. Enter the renovated retreat to find mountain views from almost every room in the home! The home itself boasts a multitude of upgrades, including: solar, luxury vinyl wood floors throughout, luxury lighting, a tankless gas water heater, upgraded electrical system with sub-panel, Sola-tube skylight in the hallway, a newer HVAC, a stylish stone fire place, updated bathroom vanities - including a jetted spa tub in the hall bathroom and Carrera marble counters, a chef-grade open kitchen with updated appliances and a breakfast nook, picture windows in the primary bedroom and living room, and a third bedroom that was converted from the back half of the garage! The fully fenced backyard boasts a large patio, mature fruit trees and grape vines, a fire pit area with strung lights, a BBQ area, an above ground pool, and a Therapeutic Eco-spa hot tub. The home is situated near Monterey Heights Park, great shopping and restaurants, and has easy access to the 94 and 125 freeways. Don't wait -- book a tour today! The manager has listed the unit size as 1500 square feet.
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| Jul 26, 2019 | Sold | ||
| Sold | |||
Property Highlights
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About Lemon Grove
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$3,295 /mo
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- 1,196 ft²
$2,200 /mo
- 2 Beds
- 1 Bath
- 740 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017