2068 Carnation Avenue
About This Property
The new HVAC system with four ton compressor will keep your energy costs low. The exterior was painted just last year, and both side yards are cemented. The extra wide driveway provides additional parking space. Upstairs the master bedroom features a wall length closet, vaulted ceiling and decorative pot shelves. Located near Mary Henley Park in south west Hemet.
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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 |
|---|---|---|---|
| Jun 12, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Vogler Feigen Realty | $263,000 | |
| Listed by Vogler Feigen Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017