2418 Mesa Drive
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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 |
|---|---|---|---|
| Jun 1, 2022 | No longer available | - | |
| No longer available | |||
| May 31, 2022 | Sold | ||
| Sold | |||
| May 24, 2022 | In contract | - | |
| In contract | |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| May 14, 2022 | Listed by Keller Williams Central | $675,000 | |
| Listed by Keller Williams Central | |||
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Options galore! Remodeled pier & beam sits on nearly half an acre in the heart of Canyon Creek - live in it as is, add on, or tear it down to build a massive new home. Towering oaks surround the house. Inside, hand-scraped hardwoods flow throughout with the exception of tiled kitchens & baths. More windows than walls, the house floods with light all day. Custom kitchen cabinetry topped with upgraded granite features storage-maximizing pull-out organizers. SS appliances include 5-burner gas range, microwave, dishwasher, & industrial-style pull-down faucet. Room to stretch out in the master suite with dual sinks & oversized shower with body sprays. Beamed ceilings add drama to the enormous, open living & dining areas. Entertainer's dream outside with approx 19x17' covered outdoor living area with TV cabinet, room for outdoor grill, darts, seating, etc. More seating on approx 16x20' adjacent deck. Rear of lot has approx 33x10' extension perfect for RV or boat storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017