3100 86
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 13, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by Desert Sands Realty | $339,000 | |
| Listed by Desert Sands Realty | |||
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|
Great opportunity to own a home on 2.83 acres walking distance to Red Earth Casino! This property is a 2 BR 1 Bath home. Second dwelling offers approximately 400 sq. ft. and 1 bath.(2nd dwelling has a separate electric meter current not in service. Wonderful mountain and Salton Sea views. Seller Financing Available! Call for more details.
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| Sep 1, 2021 | No longer available | - | |
| No longer available | |||
| Aug 7, 2021 | Price Increased |
$295,000
↑ $115K
(63.9%) | |
| Price Increased | |||
| Feb 13, 2021 | Listed by Salton City Realty | $180,000 | |
| Listed by Salton City Realty | |||
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Great Highway Frontage Investment Property near the Red Earth Casino! This wonderful 32 acres has highway access and all utilities across the highway. The seller may carry!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017