2923 CABALLERO Drive
About This Property
Boasting a tasteful renovation throughout, this classic brick ranch showcases a designer kitchen complete with a gas range, alongside three fully remodeled bathrooms. The luxurious master suite includes an oversized shower in the en suite bath. Spanish wood look tile flooring graces the interior, accentuated by ample natural light in the spacious living areas and complemented by coffered ceilings in the inviting family room. Move in ready in a friendly neighborhood! The expansive backyard invites gatherings for BBQ season , while recent upgrades such as 2021 HVAC, 2023 water heater, and newer fence offer peace of mind.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jun 17, 2024 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| May 30, 2024 | Price Decreased |
$560,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017