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3222 Conejo Drive
About This Property
*NEW*NEW*NEW*This newly renovated & painted 5 bedroom, 1.5 bath home is situated on a large lot North of the I-210 freeway. The kitchen has recently been remodeled including brand new countertops and cabinets. The appliances are also brand new, never used! Floors throughout the home are newly laid laminate, complementing the open floor plan.
Each bedroom has its own wall/window A/C unit and there is central heat throughout. This house also has handicap approach ramps for convenient wheelchair access. The attached 1-car garage has access to the house and laundry is indoor.
Buyer to verify permits. Square footage appears to be much larger than Assessor shows.
FHA/VA/CALHAFA/DOWN-PAYMENT ASSISTANCE - OK!
We have a $310,000 FHA appraisal! Close fast!!
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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 |
|---|---|---|---|
| Nov 25, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | Listed by RE/MAX ADVANTAGE | $299,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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About DRNAG
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017