1820 Old Paint Drive
About This Property
Front and back yards are xeriscaped but have multiple fruit trees and gardening beds. A big covered patio off the dining area offers full shade in the afternoon.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Sandy Messer And Associates | $472,000 | |
| Listed by Sandy Messer And Associates | |||
| Apr 26, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Sandy Messer And Associates | $330,000 | |
| Listed by Sandy Messer And Associates | |||
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A Modern Desert Contemporary! Pride in ownership shows in this 4 bed, 2.5 bath beauty in Falls at Cimarron subdivision. Courtyard entryway, a gourmet kitchen with island, corian countertops with stone mosaic backsplash, stainless steel appliances, dark wood custom cabinetry, spacious Master suite ... really highlight this exceptional home. Call to schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017