2907 Highway 67
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 8, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by The Home Team | $575,000 | |
| Listed by The Home Team | |||
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Welcoming, open and updated beautiful west end ranch home on 1.1 acres, 8.28 KW solar system, laminate floors, vinyl windows, canned lighting, composition roof and tiled bathrooms. Kitchen boasts quartz stone counters and stainless steel appliances and opens to an inviting family room with floor-to-ceiling ledgestone fireplace. The living and dining rooms are convenient additions for entertaining. The level fenced yard has privacy and potential with two covered slabs and room for horses, pool or ???. The wood privacy fencing along the road provides a large usable back yard. A large & small pole-barns provide covers for multiple vehicles or an RV or finish for a completely enclosed storage or ADU. Water well on property is capped but was producing 4 gallons per minute when drilled. 2-car garage attached to home has another large carport for parking. Small storage room off the rear of garage could be an optional office space. Additionally the large front patio is full of afternoon shade and perfect for entertaining. This multi-use property with frontage to the highway could be ideal for a home based business. Ideally positioned with a short drive to town, restaurants, schools and wineries and on the west-end with shorter commutes "down the hill.". Neighborhoods: Rancho Santa Maria Equipment: Garage Door Opener Other Fees: 0 Sewer: Septic Installed Topography: LL
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| Jan 18, 2018 | Sold | ||
| Sold | |||
| Sep 11, 2017 | Listed by MJN Real Estate | $520,250 | |
| Listed by MJN Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017