3404 Scarlet Point 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 |
|---|---|---|---|
| Jun 29, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Vision Realty | $144,000 | |
| Listed by Vision Realty | |||
| Apr 7, 2009 | Sold | ||
| Sold | |||
| May 30, 2008 | Listed by Paul Todd Realty | $103,450 | |
| Listed by Paul Todd Realty | |||
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1097 FP. Stucco home with partial tile roof over front porch. 3 bedrooms, 2 full baths, 2 car garage. Nice bay window at dining area. Laundry room. No Refrigerated Air in this area-Evaporative Cooling Only. 405 landscaping allowance. Prices, plans or plan modification are subject to change without notice. Refrigerated A/C, R-13, R-30
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About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017