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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.
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 |
|---|---|---|---|
| Oct 1, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by Freedom Link Real Estate, Inc. | $949,000 | |
| Listed by Freedom Link Real Estate, Inc. | |||
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Where else in Southern Calif within 10 miles of the Pacific Ocean, and under $1 million, will you find: Approx 4000 sq ft house with 1Br/1Ba Granny Flat with private access - ALL ON ONE LEVEL, on a 1.15acre lot with PANORAMIC VIEWS TO THE OCEAN, owned solar system, 3 car garage, gourmet kitchen (and so much more!)?? ANSWER: NOWHERE! THIS IS IT! Newer HVAC, water heater, 6-burner Thermador with double oven, Thermador DW. Many upgrades. Must see!! Priced below replacement cost. Lease/option ? Only 10 minute drive to Vista Village shops restaurants & breweries.There has been over $250,000 in improvements since 2016. Prior owner installed new flooring, interior & exterior paint, gourmet kitchen with Thermador 6 burner stove with griddle & double oven, Thermador Dishwasher. In 2017, Current owners upgraded plumbing supply lines (braided steel), all bathroom sink faucets, 35 cubic yards of stamped concrete patio at front & side perimeter, "Alumawood" patio overhangs tastefully positioned to enjoy outdoor space. Large kitchen island with bar seating. Adjacent to the MBR, there is a new 17'x6' Laundry room with a half bath & outdoor shower. 12' wide x 8' tall "Panoramic Doors" installed to allow one to incorporate back patio with the Living room. "Silouette" Hunter Douglas blinds installed in Living Room, Family Room & Master bedroom. Also 2017: There is a 24 panel "Sun Power" solar system, a 2800 gallon rain water collection system, 8'x12' garden shed on a concrete slab next to the rose garden.There is a half court basketball court which allows for extra parking for guests. fruit trees are: mango, guava , orange, avocado, peach, plum, apple & dragon fruit.There are several varieties of Plumerias, as well as numerous palm trees, & desert succulents, which are all low maintenance, plus other desert & semi-tropical plants. Most of the automatic irrigation has been rebuilt from its prior condition. Nov 2016, 2 new Central heating units (has dual zoned HVAC) , ...
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| Nov 10, 2016 | Sold | ||
| Sold | |||
| May 12, 2016 | Listed by The Funderburk Co. | $749,900 | |
| Listed by The Funderburk Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017