2208 Conquista Avenue
About This Property
Enjoy the relaxing Jacuzzi in your beautiful backyard while you eat your own organic fruits (orange, lemon, tangerine, Asian pear, avocado, fig and Fuji apple tree). Also, space in backyard to grow your own organic vegetables.
This house has a Great potential as income property or to make it your forever home. The 3rd bedroom and bathroom (private studio with independent entrance) was build with city permits according seller and it could be rented independently from the rest of the house! In addition the giant pantry room is used as office.
2 car garage plus use the driveway to park 3 more cars, boat or RV parking.Close to shopping centers, CSULB, beach, etc.
Sold as is and ready to move in!
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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 |
|---|---|---|---|
| May 20, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by First Team Real Estate | $779,000 | |
| Listed by First Team Real Estate | |||
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About East End
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017