2273 Lake Morena 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 |
|---|---|---|---|
| Feb 28, 2019 | Sold | ||
| Sold | |||
| Jan 15, 2019 | Listed by Glenn D Mitchel, REALTORS | $299,000 | |
| Listed by Glenn D Mitchel, REALTORS | |||
| Apr 25, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Coldwell Banker West | $257,900 | |
| Listed by Coldwell Banker West | |||
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Lake Morena home on apx 5 acres of useable land with Barnmaster barn. Home has 2 master bedroom set up. Beautiful mountain views. Living room with large picture window and cozy pellet stove. Detached garage and lots of room for parking and animals. Barn is 28x36 wiht 4 stalls and 1 tack room. Breezeway inside is 28x12. Room for arena and round pen, Heat source in home is just pellet stove but it does its job well. 1 bedroom has separate entrance. Neighborhoods: LAKE MORENA Other Fees: 0 Sewer: Septic Installed Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017