36073 Arras Drive
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 21, 2019 | Sold | ||
| Sold | |||
| May 18, 2019 | Listed by RE/MAX Liberty | $455,000 | |
| Listed by RE/MAX Liberty | |||
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Beautiful French Valley home with SELLER PAID SOLAR! Electric bills are less than $1 per month!! Large home with room for the entire family. Open floor plan with a downstairs bedroom, full bathroom and a formal living and dining room. Family room has a stone fireplace, tile flooring and plenty of windows for the sunlight to come in! Kitchen has stainless steel appliances and maple cabinets with plenty of storage. Upstairs you will find a desirable LOFT, spacious Master bedroom with private bathroom and 2 more bedrooms with a jack and jill bathroom. Roomy 3 car garage has newer double insulated garage doors. This home has NO HOA, conveniently located to parks, shopping and within Temecula Valley Unified School District
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| Feb 23, 2018 | Sold | ||
| Sold | |||
| Sep 27, 2017 | Listed by Reliable Realty Inc. | $426,800 | |
| Listed by Reliable Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017