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2 Baton Rouge #16
About This Property
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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 |
|---|---|---|---|
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2020 | Listed by WERE Real Estate | $645,000 | |
| Listed by WERE Real Estate | |||
| Jan 23, 2018 | Sold | ||
| Sold | |||
| Nov 9, 2017 | Listed by First Team Real Estate | $614,900 | |
| Listed by First Team Real Estate | |||
| | |||
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Single Level 3 Bedroom/2bath condo located in the highly sought after Heritage Park Community in Irvine with No Mello-Roos. This property is an end unit with only one common wall and with no one above or below. This home has an open floor plan with a fireplace in the living room and a 2-car garage with direct interior access. HOA includes access to the pool & spa and is located walking distance to Heritage Park & Irvine High School.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2020
|
3 Bed
|
2 Bath
|
1128 ft²
|
$645,000
3 Bed
2 Bath
1128 ft²
|
$635,000
-1.55%
12/01/2020
|
Ahmad Alhakeem
WERE Real Estate
| |
|
11/09/2017
|
3 Bed
|
2 Bath
|
1128 ft²
|
$614,900
3 Bed
2 Bath
1128 ft²
|
$610,000
-0.80%
01/23/2018
|
Enrique Blanchet
First Team Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017