3048 Ponderosa 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 |
|---|---|---|---|
| Mar 30, 2021 | No longer available | - | |
| No longer available | |||
| Mar 18, 2021 | Listed | $619,000 | |
| Listed | |||
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Jason Wheeler - 925-285-2172 - Captivating, sun filled midcentury single family home, vaulted open beam ceilings large bay window. Hardwood expands throughout, new paint inside, newer central air system, luxury enhanced countertops, built in wine fridge, kitchen skylight pours in natural light throughout the day, walk in pantry, new roof. Spacious well kept private backyard, two separate storage structures, soak up the sun in a dedicated garden space! The location is in the heart of Concord conveniently close distance to schools, Bart, restaurants, coffee shops with easy freeway access. The manager has listed the unit size as 1226 square feet.
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| Oct 1, 2015 | Sold | ||
| Sold | |||
| Aug 17, 2015 | Listed by JDK & ASSOCIATES REALTY INC | $399,999 | |
| Listed by JDK & ASSOCIATES REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017