1740 Madrid Circle
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 |
|---|---|---|---|
| Aug 21, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $355,000 | |
| Listed | |||
| | |||
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Adorable 2d/1ba Home located in North Salinas, near parks, shopping, public transportation! This sweet little cutie pie, is ready to move into, new interior paint, carpet, flooring, stove AND a new Flat top roof! The back patio could be your private oasis, to entertain, BBQ, or just catch some sunrays! The large open kitchen is big enough for an island, plenty of counter tops and open space to cook up a feast. Lots of sunshine! The large corner fireplace would be great to curl up in front of during the winter and read a book! The manager has listed the unit size as 984 square feet.
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| Aug 14, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed by Vanco Real Estate Executives | $355,000 | |
| Listed by Vanco Real Estate Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017