283 1st Avenue
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 4, 2014 | Sold | ||
| Sold | |||
| Sep 5, 2014 | Listed by Coldwell Banker West | $389,900 | |
| Listed by Coldwell Banker West | |||
| | |||
|
SELLER WILL ENTERTAIN OFFERS BETWEEN $369,900-$389,900-LARGE CORNER LOT- NEW SOD & LANDSCAPING.. HOUSE HAS BEEN UPGRADED- REMODELLED KITCHEN WITH NEW BLACK APPLIANCES- GRANITE COUNTERTOPS- NEW DARK CHERRY CABINETRY- 3 BEDROOMS HAVE NEUTRAL CARPET- NEW BEAUTIFUL LAMINATE FLOORING- DESIGNER PAINT- NEW LIGHT FIXTURES- LIVING ROOM FEATURES BEAUTIFUL CUSTOM BUILT-INS- UPGRADED BATHROOMS- NEW DARK VANITY- NEW TOILETS- NO HOA OR MELLO-ROOS- Neighborhoods: Chula Vista Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Apr 30, 2012 | Sold | ||
| Sold | |||
| Dec 23, 2011 | Listed by Alliance Group | $230,000 | |
| Listed by Alliance Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017