29480 Piazza Court
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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 |
|---|---|---|---|
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $339,000 | |
| Listed | |||
| | |||
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THERE YOU ARE: Sitting with your phone, swiping through real estate listings, grumbling under your breath how it feels impossible to ever find “the perfect house.” Then, suddenly, your eyes widen and your jaw drops. You come across THIS listing and you’re like, “Whaaaaat? Can it be true?” Oh yes, it is true. This 1,846sf home in the Menifee Green community has 3 bedrooms and 2.5 baths, and you’re like, “I am soooo looking for a house like this.” Your heart begins beating faster. Your palms get sweaty. The adrenaline kicks in. “Is it on a cul de sac?” you ask yourself. “Yes,” the listing narrator replies. You slightly squeal with delight. “Does it have granite counters and a kitchen that opens up to the family room so I can yell at my kids to get off their phones and help me do chores?” YUP. It sure does. “But I hate having an HOA, and I want a low tax rate,” you sigh. “Yup, it’s got that, too.” Before you know it, you are taking a screen shot and texting it to your agent and other close people in your life. In fact, you get even giddier once you realize that this listing agent even included a magical 3D Tour Link below so you can fully explore and spin around the house on your phone. How this story ends? That’s up to you…but I know one thing…there are a few hundred other buyers and agents planning the same fairy tale ending hoping to live here happily ever after. The manager has listed the unit size as 1846 square feet.
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| Aug 16, 2017 | Listed by Realty ONE Group Southwest | $339,000 | |
| Listed by Realty ONE Group Southwest | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017