184 Tonea Way
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 |
|---|---|---|---|
| Nov 1, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2018 | Listed by Re/Max of Chico | $760,000 | |
| Listed by Re/Max of Chico | |||
| Sep 2, 2017 | Listed | $950,000 | |
| Listed | |||
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Absolutely incredible investment opportunity... This property consists of just under 4 acres of land which according to City of Chico is zoned for R3 (High density) development. Situated in one of the most desirable areas of Chico, this property is surrounded by some of the newest neighborhoods and city park facilities in town. It is also located within a highly sought-after school district and is just around the corner from easy access to Highway 99. The possibilities with this property are nearly endless! The manager has listed the unit size as 2614 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017