197 La Veta Drive
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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%.
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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 |
|---|---|---|---|
| Aug 10, 2022 | No longer available | - | |
| No longer available | |||
| Jul 11, 2022 | In contract | - | |
| In contract | |||
| Jun 15, 2022 | Listed by Berkshire Hathaway HomeServices California Realty | $810,000 | |
| Listed by Berkshire Hathaway HomeServices California Realty | |||
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Enjoy cool breezes and resort living in this highly upgraded 3 bedroom, 2 bath single story Laurelwood East home featuring an open floor plan with high ceilings and abundant light. From the moment you enter this home, you realize you are somewhere special. The living room with vaulted ceilings has a stunning fireplace to enjoy cool evenings and a spacious dining room for entertaining. The updated chef's kitchen with granite counters, gorgeous honey-hued cabinets and stainless-steel appliances has a breakfast area to enjoy your morning coffee. The spacious primary bedroom suite has vaulted ceilings and an en-suite bath with large tub shower and skylight. French doors from the kitchen and a new slider in the primary bedroom lead out to the private backyard with orange and avocado trees where you can relax and enjoy cool evenings. Close to beaches, shopping, and restaurants. Numerous upgrades include new dual pane windows, decorator ceiling fans, updated lighting, wood-like flooring, newer window treatments and fresh paint.There are abundant recreational opportunities in the Laurelwood East community including swimming, relaxing in one of two spas, tennis and pickleball. The community has a large RV storage area. Welcome home! The manager has listed the unit size as 1443 square feet.
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| Oct 12, 2021 | Sold | ||
| Sold | |||
| Sep 13, 2021 | Listed by Keller Williams Westlake Village | $725,000 | |
| Listed by Keller Williams Westlake Village | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017