2049 Flagstone Avenue
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 |
|---|---|---|---|
| Oct 20, 2018 | No longer available | - | |
| No longer available | |||
| Oct 2, 2018 | Sold | ||
| Sold | |||
| Jul 17, 2018 | Listed | $496,000 | |
| Listed | |||
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Amazing investment opportunity for a big family or an investor who is looking for a cash cow. House has 2 units. Master bedroom with walk-in closet and bathroom. Large back yard to entertain, good area, motivated sellers to sell. Property is sold in "as is" condition and seller will not make any further improvements. Please check with your lender regarding conventional financing. All information is deemed reliable but not guaranteed, buyer to complete own inspection and verify all information, including verification of sq ft and if additions are permitted. Please visit county link for more information on second addition. Accessory Dwelling Unit ADU DRP planning.lacounty.gov , GREAT INVESTMENT PROPERTY. The manager has listed the unit size as 1500 square feet.
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| Sep 22, 2017 | Listed by MASTERS REALTY | $496,000 | |
| Listed by MASTERS REALTY | |||
| Jul 9, 2017 | Listed | $495,000 | |
| Listed | |||
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showing times Monday to Friday from 10 am to 3 pm and 6 pm to 8 pm, Saturday from 10 am to 3 pm only. No Sunday Showings. sellers always home. The manager has listed the unit size as 1500 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017