2045 CARDINAL DR.
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%.
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Price Decreased |
$1,049,000
↓ $80K
(7.1%) | |
| Price Decreased | |||
| Oct 3, 2025 | Listed by LPT Realty, Inc. | $1,129,000 | |
| Listed by LPT Realty, Inc. | |||
| | |||
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This home is a spacious one-story open floor plan with a fireplace creating a cozy atmosphere in the large living room. It has vaulted ceiling. A bonus room that can be turned into a ADU or a huge Master Bedroom. Large back yard surrounded by trees and a fence creating privacy for your comfort. Stainless steel appliances, fans, French doors. Located in the community of Birdland and conveniently located near the 805 the 163 and the 8 freeway. Fashion Valley Mall is a quick 5 min drive. Snapdragon Stadium and the beaches close by to have a good time. Highly rated school districts Fletcher Elementary, Montgomery Middle, and Kearny College. Inspection Report on file with no major issues.
| |||
| Sep 17, 2025 | Price Decreased |
$1,090,000
↓ $19K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017