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3175 Michael 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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 20, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $639,000 | |
| Listed | |||
| | |||
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Remodeled and customized single story home with RV access on a large view lot!! Great curb appeal. Newer roof. Kitchen with newer cabinets, Corian countertops, 2 pantries with slide-out drawers. Stainless appliances, recessed lighting and a garden window w/mtn. views make this a spectacular kitchen. Customized master suite w/a large walk-in closet & recessed lighting. Master bath features double vanities w/newer countertops, fixtures, large walk-in shower, recessed lighting & a linen closet. Remodeled hall bath w/newer sink, fixtures, countertop & a newer tub/shower area. Spacious living rm. w/fireplace, dining area & a family rm. w/built-in cabinets, recessed lighting. Other features incl. new interior paint, newer laminate & carpet, newer windows & window treatments. Scraped ceilings throughout. Huge paved R.V.access (over 50 ft.) Big backyard w/patio, grass area & mtn. views. Fully landscaped front & back yards. Extra deep 2 car garage w/rm. for office, storage, etc. Great Boney Mt The manager has listed the unit size as 1630 square feet.
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| Apr 2, 2018 | Listed by Aviara Real Estate | $639,000 | |
| Listed by Aviara Real Estate | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017