29828 Morena View 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 |
|---|---|---|---|
| Oct 11, 2016 | Sold | ||
| Sold | |||
| Jul 20, 2016 | Listed by Glenn D Mitchel, REALTORS | $289,000 | |
| Listed by Glenn D Mitchel, REALTORS | |||
| Mar 27, 2014 | Sold | ||
| Sold | |||
| Nov 7, 2013 | Listed by Plus Realty Group | $229,900 | |
| Listed by Plus Realty Group | |||
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2 bedroom, 2 bath home and over 2000 sqft of living space. Large yard and remodeled home with new kitchen with granite countertops. Only about 1.5 miles away from Lake Morena and recreation. Neighborhoods: Lake Morena Views Equipment: Range/Oven Other Fees: 0 Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017