29939 Red Mountain 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 4, 2016 | Sold | ||
| Sold | |||
| Jan 15, 2016 | Listed by Pacific Growth Sales | $470,000 | |
| Listed by Pacific Growth Sales | |||
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APPROVED Short Sale! On a quiet hill with beautiful mountain views this home is perfection! Situated on 1 acre this home went through an extensive remodel in 2010. Including new wood flooring, new heating, A/C, and duct work, new stone counter tops, new electrical wiring, new plumbing, new water heater, new dual pane windows, new stucco, stainless steel appliances, and ceiling fans in each bedroom. There also plenty of room for your toys with a 2 car detached garage, and room for RV parking! Neighborhoods: Valley Center Equipment: Garage Door Opener, Range/Oven, Shed(s) Other Fees: 200 Sewer: Septic Installed
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| Jul 8, 2015 | Sold | ||
| Sold | |||
| May 8, 2015 | Listed by Coldwell Banker Village Prop | $497,000 | |
| Listed by Coldwell Banker Village Prop | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017