1816 Scarlet Place
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.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 29, 2021 | In contract | - | |
| In contract | |||
| Apr 22, 2021 | Listed | $619,000 | |
| Listed | |||
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Beautiful, rarely available, spacious, upgraded home in Tapestry, just 1 block from highly rated Wolf Canyon Elementary, and All Seasons Park. This 3 story home features 3 bedrooms+2nd level loft, and HUGE 3rd level loft that could easily be converted to a bedroom or suite, custom built-ins, wood & tile floors, granite counters, stainless steel appliances, plantation shutters, Central AC, 2 Car Garage, tankless water heater. Master bedroom boasts a large oval tub w/separate shower, dual sinks, and walk-in closet. Amazing amenities just 1/2 block walk, featuring a pool, rec room, playground, and more!! Otay Ranch mall is less than 1 mile away with shops, restaurants, Novo Brewery and more! The manager has listed the unit size as 2097 square feet.
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| Aug 4, 2017 | Sold | ||
| Sold | |||
| May 16, 2017 | Listed by Big Block Realty, Inc. | $509,000 | |
| Listed by Big Block Realty, Inc. | |||
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Don't miss this highly pristine, meticulously maintained single family home in the desirable Mosaic Tapestry community in one of the premiere locations in Otay Ranch! This home sits within walking distance from the excellent Wolf Canyon elementary and expansive parks, and is steps from the community pool and clubhouse! It boasts gorgeous hardwoods and plantation shutters throughout, 2 car attached garage and tankless water heater! Seller to entertain offers between $479,000-$509,000. Neighborhoods: Mosaic Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
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About Otay Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017