2530 3/4 Foothill Drive
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 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Custom Property Brokers | $1,200,000 | |
| Listed by Custom Property Brokers | |||
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Contractor/Investor Opportunity! 2,596 square feet on 2.36 acres. Panoramic Views! Peek of Ocean. Custom built 1983 features high ceilings, oak cabinetry, tile counter tops & ceramic tile flooring. Family room with stone fireplace & game room/bonus room open to a private patio & multiple garden areas. Downstairs bath & laundry. The kitchen & living room (2nd fireplace) access a private balcony with panoramic views. Primary suite w/walk in closet. 3rd Bath has double sinks. Open floor plan! 915 sf 3 car garage with 10 ft ceilings. Solid wood 8 ft double entry doors. Mature trees including palms, persimmon, orange, sumo tangerines, grapefruit, apple, loquat, avocado, oak, macadamia, & star pines. Animal designator code J, allows horses. Private, semi-rural location yet minutes to Vista Village Downtown (movie theater, restaurants, creek walk, breweries), Brengle Terrace Park & Moonlight Amphitheater, walking trails, shopping & more! Carpet & pad removed. Lot split potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017