3 Stanford Drive
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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 2, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2020 | Listed by Bennion Deville Homes | $699,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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Honey, stop the car! Come see this rarely available La Jolla Floor Plan with three bedrooms & three baths on a lush, spacious greenbelt with over 3100 SQ Ft. This home has an exposed beam Cathedral Ceiling in the great room & panoramic South/West San Jacinto Mountain views. Built in the final phase of The Springs CC. this home has been impeccably maintained. New flooring throughout. Great side yard with room for Bar-B-Q area. Easy access to salt water community pool & spa. But wait- there's more. New AC units and water heaters. Keep that thermostat as low as you like because there is an assumable Solar Lease. ($275/mo). All amenities are offered in The Springs CC. The guard gated, Springs CC has a private 18 Hole Golf Course, 42,000 sq ft clubhouse : fitness center, tennis & pickle ball courts. HOA fee includes: exterior painting, earthquake insurance, roof & landscape maintenance, 24 hr guard gate & Full Social membership to the Springs CC. Everything you've been looking for. The Springs Rancho Mirage- It's where you belong!
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| Jan 5, 2015 | Sold | ||
| Sold | |||
| Jul 21, 2014 | Listed by Bennion Deville Homes | $449,000 | |
| Listed by Bennion Deville Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017