28607 Nevada 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%.
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $269,000 | |
| Listed | |||
| | |||
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Welcome home! This is a super cute manufactured home on a permanent foundation. As you enter this house you will see an open floor plan living space that looks like it was designed for a HGTV show done well. On the left is the spacious updated chef’s kitchen with high end stainless steel appliances. In front of you is the living room with a beautiful reclaimed wood accent wall and dining area connected to make one giant living space. Down the hall you will find the secondary bedrooms, both good size, and the guest bathroom. Thru the laundry room you can access the attached garage. Beyond the laundry room you will find the large master bedroom with attached master bath and two closets. Outside you’ll find a concrete patio with views forever! If you are looking for an amazing kitchen and unbelievable views this is the place for you to call home! The manager has listed the unit size as 1404 square feet.
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| May 11, 2018 | Listed by Coldwell Banker Assoc.Brkr-Mur | $269,000 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017