2421 C Street
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Sep 9, 2025 | Listed by Watson Realty | $450,000 | |
| Listed by Watson Realty | |||
| Aug 21, 2025 | Listed | $459,000 | |
| Listed | |||
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Mid-Century Modern Oasis--A Palm Springs-Inspired Time Capsule. Welcome to a stunning mid-century modern retreat in the heart of Bakersfield, radiating effortless style & charm of a Palm Springs getaway. This 2-bedroom, 2-bath home has original mahogany cabinetry meticulously restored to its glory & an abundance of natural light. The living room is inviting & iconic, w/mahogany built-ins & dramatic Pumice stone fireplace. The updated kitchen boasts crisp quartz counters & custom window shades, while thoughtful storage solutions are seamlessly integrated throughout the home. Step outside to experience a landscape designed w/intention--both front & back yards are finished w/decomposed granite, deep root irrigation & drip systems. A collection of desert-friendly plants & 7 mature fruit trees (2 lemon, 2 orange, 3 grapefruit) provide beauty & bounty, custom teak wood gates. Newer dual pane windows, HVAC, water heater, copper plumbing. More than a home--this is an architectural statement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017