3726 Nipomo Avenue
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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%.
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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 |
|---|---|---|---|
| Sep 11, 2019 | No longer available | - | |
| No longer available | |||
| Jul 21, 2019 | Listed | $769,000 | |
| Listed | |||
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Catch the tail-end of this summer with this immaculate Pool Home! This delightful house welcomes you with an open concept that includes many upgrades - refinished hard wood floors throughout. Over 1500 sqft in living space it is perfect for family living with 3 bedrooms, 2 baths. The modern kitchen is inviting, yet contemporary, featuring new, custom maple cabinets with a modern white finish and stylish hardware and lighting. The Granite counter tops are pooled together with the beautiful glass back splash and a large peninsula with the down vent and the formal dining area adjacent to the open kitchen. A separate laundry room conveniently located right off the kitchen with a newer glass door leading to back yard. The family room offering newer tile and stone fireplace. Large sliding doors from the family room overlooking the beautiful heated pool and spa. The master suite offers its own master bath with newer tile work. The hallway bath also offers some new tile work. The remaining two bedrooms are a great size and all closets have been recently redone with maple wood doors. The home has been recently painted with a modern neutral pallet, new baseboards and new doors. The home offers lots of natural light and A/C unit, modern light fixtures and ceiling fans. The garage has been converted into a mother-in-law quarters with a full bath that can easily be converted to a functional garage and a well distributed back yard for those poolside BBQ's The manager has listed the unit size as 1502 square feet.
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| Jun 30, 2019 | No longer available | - | |
| No longer available | |||
| Jun 13, 2019 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Mar 15, 2019 | Price Decreased |
$799,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017