3008 Volk Avenue
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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 |
|---|---|---|---|
| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Re/Max R. E. Specialists | $989,000 | |
| Listed by Re/Max R. E. Specialists | |||
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The most popular floor plan in the Rancho Estates is the Plan 4A “Californian”, and here is your opportunity to make it yours. Designed by renowned architect Cliff May and built in 1954, this exceptional midcentury modern home features three bedrooms, two bathrooms, an open great room with island kitchen, breakfast bar, wood burning fireplace, and exposed concrete floors. This residence is open, airy and bright, and embodies the essence of indoor/outdoor living that is central to Cliff May’s celebrated designs. The exterior areas feature a spacious courtyard patio, a built-in seating area and firepit, a built-in BBQ/outdoor kitchen, a putting green, and a detached 2-car garage. The Property is located within the much sought-after Rancho Estates neighborhood, which is characterized by tree-lined streets, iconic midcentury modern architecture, and a strong sense of community. And located adjacent to the Rancho Estates is El Dorado Park and Nature Preserve, featuring 800 acres of lakes, streams, public golf and tennis, dog park, and bike path to the beach. Come and experience what we affectionately refer to as “the Modern Mayberry.”
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| May 16, 2017 | Sold | ||
| Sold | |||
| Apr 8, 2017 | Listed by Re/Max R. E. Specialists | $810,000 | |
| Listed by Re/Max R. E. Specialists | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017