2038 BALBOA CIRCLE
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 |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by HomeSmart Realty West | $695,000 | |
| Listed by HomeSmart Realty West | |||
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Discover The Pointe at Shadowridge. Spacious Single Level Beauty located in one of North County's Most Desirable Neighborhoods. Private Location. Lush Mature Landscaping. Large Covered Patio. Great-Room Floorplan with Vaulted Ceilings throughout. Large Bedrooms. Huge Walk-In Master Bedroom Closet. Remodeled Kitchen. Bright & Sunny Kitchen Nook w/Work Station. Interior Laundry Room. Extensive Use of Stone and Tile Flooring. Enjoy Quiet Walks in this Absolutely Gorgeous Community. No Mello Roos Fees. No Special Assessments. HOA Fee is only $32/Mo. Walk to Shadowridge Golf Club and Thibido Park.
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| Oct 19, 2012 | Sold | ||
| Sold | |||
| Sep 16, 2012 | Listed by Realty Executives REALTORS | $369,000 | |
| Listed by Realty Executives REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017