3661 Carmel Avenue
About This Property
The entertainer will love the sprawling back patio, amazing pool and Jacuzzi. This Dream home has low HOA's, and no Mello Roos. Close to Community Park, Tennis Courts, Clubhouse, Basketball Court, Volleyball Court, and Swimming Pool. Convenient to nearby shopping including Trader Joes, Smart N Final & Starbucks in the Walnut Village Shopping Center. Walking distance to College Park Elementary, an Award-Winning Distinguished School, and Irvine High School. Make sure to watch the movie! Amazing opportunity for smart buyers to own this property. Make sure to watch the movie about this very special property.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 23, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by HomeSmart, Evergreen Realty | $875,970 | |
| Listed by HomeSmart, Evergreen Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017