2735 Payson 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 9, 2022 | No longer available | - | |
| No longer available | |||
| Sep 5, 2022 | In contract | - | |
| In contract | |||
| Aug 26, 2022 | Listed by Orchard Realty, Inc. | $530,000 | |
| Listed by Orchard Realty, Inc. | |||
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Charming home located in Julian Pines. Newly renovated with stainless appliances and waterproof flooring. Living room has picture window with great views and sliding glass door onto private back deck. Vaulted ceiling and heat efficient wood stove. Master bedroom has loft area and bay window. Bath with deep soak jet tub. Forced air heating and A/C. Water softener. New roof and solar panels. Nice usable property with fenced area. Storage shed. Workshop and large storage area. Outbuilding with electricity and split air system. Located less than one mile to historic Julian townsite. The manager has listed the unit size as 1051 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 15, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017