2647 Minorca Way
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 |
|---|---|---|---|
| Nov 16, 2018 | Sold | ||
| Sold | |||
| Sep 27, 2018 | Listed by Willis Allen Real Estate | $1,340,000 | |
| Listed by Willis Allen Real Estate | |||
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Newly renovated coastal-inspired home featuring wide plank wood floors, custom built-in cabinetry, shiplap fireplace and designer details. Bright, airy and open floor plan. Upscale kitchen with Viking appliances, quartz countertop, glass tile backsplash and large island. Expansive private yard with built-in firepit, perfect for entertaining. Well-appointed master bath with marble tile and high-grade fixtures. Dual-paned windows provide a quiet atmosphere. Close to shops, restaurants and the beach! Neighborhoods: Del Mar Heights Equipment: Dryer,Garage Door Opener Other Fees: 0 Sewer: Public Sewer Topography: ,,LL
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| Dec 17, 2013 | Sold | ||
| Sold | |||
| Aug 26, 2013 | Listed by Masterpiece Realty Associates | $869,000 | |
| Listed by Masterpiece Realty Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017