2840 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 |
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| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by CORE Real Estate Services | $449,999 | |
| Listed by CORE Real Estate Services | |||
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Tucked away in the scenic mountainside of Julian, this charming cabin is just a 1/2 mile from Main St's famous Julian apple pie, dining, Julian Beer Co & hiking. Situated on almost a .5 acre, useable lot, the main home features: 2 beds/1 bath w/ wood burning fireplace, refinished wood floors, large storage, large deck & outdoor chimney for relaxing. The property includes a converted hay barn, now a fully equipped studio w/ kitchenette, full bath & large deck. 4 parking spaces. Live in, rent, vacation or possibly Airbnb.
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| Mar 6, 2014 | Sold | ||
| Sold | |||
| Nov 10, 2013 | Listed by W T Haaland Realty | $188,000 | |
| Listed by W T Haaland Realty | |||
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Super cozy miner's cabin, fully restored to its original glory! Original hardwood floors and beautiful wood throughout. Designer windows blend old world and new. No detail overlooked on this cozy mountain getaway that is walking distance to downtown Julian. Buyer to verify all prior to close of escrow. Neighborhoods: Julian Pines Other Fees: 0 Sewer: Septic Installed Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017