1743 Milton Manor Drive
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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.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Coldwell Banker Realty | $869,900 | |
| Listed by Coldwell Banker Realty | |||
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The main house boasts three spacious bedrooms and three well-appointed bathrooms, providing ample space for a family to live and thrive. Each room is thoughtfully designed. The main house is not the only highlight of this beautiful property. Adjacent to it, you'll find a fully equipped guest house, featuring an additional bedroom, a modern kitchen, and a full bathroom. This separate unit has been utilized as an Airbnb in recent years, offering guests a comfortable and private retreat while contributing to the property’s overall value. In 2022, the guest house generated a revenue of $27,051, showcasing its potential as a lucrative income stream. Although the owners welcomed a new baby in 2023, which impacted the rental income, the unit still represents a significant opportunity for future earnings. The previous year's earnings of $25,572.25 in 2021 further emphasize this additional space's consistent demand and profitability. It's a really well-done unit that's been in high demand. Stepping outside, you are greeted by a gorgeous yard that serves as an oasis of tranquility and leisure. The centerpiece is a recently updated underground pool, perfect for enjoying warm summer days or hosting gatherings with family and friends. Don't miss out on this exceptional property that is priced to sell
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| Nov 26, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by Keller Williams Realty | $680,000 | |
| Listed by Keller Williams Realty | |||
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Great opportunity to own this remodeled home in El Cajon with a guest house/granny flat/vrbo/air bnb!!! This home features 3 bedrooms and 3 bathrooms in the main house with an additional bedroom and bathroom in the guest house. New laminate flooring, granite counters, crown molding, and so much more. Nice yard for entertaining with a huge yard with pool!! Guest house has separate entrance and is currently being used as an air bnb/vrbo which helps pay for a large amount of your mortgage payment!! Neighborhoods: El Cajon Equipment: Pool/Spa/Equipment Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017