24955 Library Lane
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by Keller Williams Realty | $480,000 | |
| Listed by Keller Williams Realty | |||
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Excellent opportunity for home ownership in San Diego County. Nearly 3 acres of completely fenced in, flat useable land in the heart of Potrero. Mature pine and oak trees add to the appeal of this nicely located lot. An olive grove is already in place and there are other fruit trees that include peaches, plums, apricots, and more. There is plenty of space for motor homes and all sorts of other outdoor toys or tools that you may have. The main home is 912 square feet and it has two bedrooms, one bath room, a kitchen and a living room. There is a second building which is a detached studio that has a large room, a bedroom, a bathroom and a kitchenette. This second building does not show in public records but it is included in the sale. New roofs have been put on both structures in the last few years. There is a well on the premises that has an amazing output for all of your watering needs.
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| Jun 18, 2012 | Sold | ||
| Sold | |||
| Mar 17, 2012 | Listed by BHGRE McMillin Realty | $189,000 | |
| Listed by BHGRE McMillin Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017