31432 Electric Avenue
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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by eXp Realty of California Inc | $575,000 | |
| Listed by eXp Realty of California Inc | |||
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BEAUTIFULLY REMODELED & READY TO IMPRESS in the Heart of Nuevo! This super clean, tastefully upgraded 3-bedroom home sits on a large lot with room to roam and relax. Step inside to an open-concept layout with a bright kitchen featuring sleek quartz countertops, perfect for prepping and hosting large family gatherings. The oversized primary retreat is a true escape, complete with a spa-like soaking tub and ample space to unwind. Outside, enjoy the large covered deck, ideal for outdoor dining or soaking up those warm California evenings. Need space for hobbies, toys, or weekend projects? You’ll love the oversized 2-car garage with epoxy flooring and an additional storage shed in the backyard for all your extras. This turn-key gem offers the perfect blend of comfort, convenience, and quiet country charm. Don’t miss your chance—homes this dialed-in don’t last long in Nuevo!
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| May 8, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2020 | Listed by REALTY MASTERS & ASSOCIATES | $375,000 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017