2438 El Paseo
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 13, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $698,000 | |
| Listed | |||
| | |||
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What appears to be a modest cottage with awnings is actually a large, modern home! You simply walk past the cute front facade to reveal a private, north facing side entry and patio that's protected from the sun. Recently remodeled, this 4 bed, 3 bath, 1746 sf Granada Park home has room for a large family. Two of the four bedrooms have en suite bathrooms, and all three bathrooms are full baths! Everything you can see and touch inside is new, including windows, doors, floors, cabinets, quartz counters, and appliances. There's also new recessed LED lighting throughout and an oversized garage with a finished interior and separate garage doors. There's even extra parking for an RV or guests next to the garage. It's tough to find a four bedroom home at such a great value! The manager has listed the unit size as 1746 square feet.
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| Aug 9, 2017 | Listed by Keller Williams Realty | $698,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017