38226 Division Street
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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 |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | Listed by Z Real Estate | $580,000 | |
| Listed by Z Real Estate | |||
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Keller Williams VIP Properties | $299,900 | |
| Listed by Keller Williams VIP Properties | |||
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Amazing investment opportunity in Palmdale to fix and flip, hold, or move-in to this 3 bedroom, 2 bathroom home located near the 14 freeway and shopping centers! Add potential equity to your portfolio with this well-priced home! Cash offers preferred as the home will likely not qualify for financing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017