1960 Las Lomas
About This Property
neighborhood located in a gated community. The pad has been graded, retaining walls constructed and granite stone construction comprises the
base walls of the structure. Fire hydrant and water meter on the property. All utilities are underground including cable, electric, natural gas, water and sewer. With $200,000 down, the seller will consider financing the remaining purchase at 4.5% interest-only payments for up to 3 yrs. Make this your own piece of paradise! *The price reflects the City of Vista Fire Department requirement for the road from the gate up to the property to be widened to 24' when the lot is eventually developed. Cost estimate to widen the road is in the range of $240,000.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 10, 2018 | Sold | ||
| Sold | |||
| Aug 3, 2018 | Listed by eXp Realty of California, Inc. | $375,000 | |
| Listed by eXp Realty of California, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017