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2643 Michael 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 |
|---|---|---|---|
| Aug 19, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2019 | Listed by RE/MAX ONE | $659,950 | |
| Listed by RE/MAX ONE | |||
| Sep 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $599,000 | |
| Listed | |||
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Bring your imagination and dream! This home is in a great neighborhood and is priced right to give someone the opportunity to make it their own and to end up with a truly special home. This 4 bedroom, 2 bath home has over 1500 sf and sits on an 8000+ sf lot. Double door entrance to the bright and sunny entrance with picture window to garden. Large, eat in kitchen has been updated with white cabinets, and solid surface countertops. Some newer windows/slider and some mirrored closet doors. Freshly painted interior and new paneled doors. Crown molding and scraped ceilings. Stone like tile flooring in the master bath. Very private rear yard with no neighbors behind. Stamped concrete side patio off of the kitchen. Located directly across the street from blue ribbon recognized and highly sought after k-5 elementary school, Environmental Academy of Research Technology & Earth Sciences (EARTH's). Easy freeway access, restaurants and shopping nearby. We invite you to come take a look... this priced to sell property can be a real gem. Don't let this one pass you by! The manager has listed the unit size as 1541 square feet.
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017