184 S Mercedes Road
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 |
|---|---|---|---|
| Jun 29, 2016 | Sold | ||
| Sold | |||
| May 18, 2016 | Listed by KP Real Estate Investments Inc | $439,000 | |
| Listed by KP Real Estate Investments Inc | |||
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Adorable single-level home that has been meticulously maintained! Home sits back on a cul de sac with large driveway & 3 car garage. Open concept floorplan w/dining area, living room w/fireplace, wonderful vaulted ceilings, & a fantastic kitchen! Large master bedroom w/attached bath + 2 addtl bedrooms & full bath in hallway. Backyard is fully fenced, maintenance-free, & endless possibilities for entertaining. Super close to schools and just minutes to downtown Fallbrook. Hurry! This one will go fast! Neighborhoods: Fallbrook Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
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| Sep 17, 2013 | Sold | ||
| Sold | |||
| Aug 10, 2013 | Listed by Mike Litton, Broker | $365,000 | |
| Listed by Mike Litton, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017