227 Hilltop Drive
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 19, 2020 | In contract | - | |
| In contract | |||
| Nov 14, 2020 | Price Decreased |
$685,000
↓ $14K
(2%) | |
| Price Decreased | |||
| Oct 6, 2020 | Listed | $699,000 | |
| Listed | |||
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Fantastic Westside Paso Robles Location! From the moment you walk through the beautiful craftsman style front door into the living space you will admire the exposed beams and tongue-and-groove ceilings! This 3 bedroom, 2 bath two story home boasts an updated and classic white kitchen with subway tile backsplash, updated lighting and appliances. Peer across the newly constructed island with built-in wine refrigerator and, admire the wood-burning fireplace in the corner of the room and also the french doors that take you out to a grapevine covered patio with your own built-in bbq and ample entertaining space. There is one main level bedroom with the other two upstairs. Downstairs is also a family room or game room, laundry, and a remodeled main floor bathroom including tiled walk-in shower. The garage features high ceilings and extra storage space. Upstairs are two spacious bedrooms with a full bathroom including dual sinks. Come experience all that Paso Robles has to offer just minutes from the Downtown Square from this quiet hilltop retreat. The manager has listed the unit size as 2440 square feet.
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| Oct 3, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017