3837 Cinnamon Way
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 |
|---|---|---|---|
| Apr 27, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Coldwell Banker West | $415,000 | |
| Listed by Coldwell Banker West | |||
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Wonderfully remodeled spacious single story home located in the highly sought after 55+ community of Oceana. This is a must see for yourself opportunity. Fresh paint, quartz countertops, stainless steel appliances, and energy efficient windows. Private courtyard and walled in sunroom. Conveniently located near 76 and 78 freeways for quick access. Nearby Emerald Isle and El Camino Country Club golf courses as well as the Shoppes at Carlsbad Mall. Plenty of restaurants, shopping, and activities nearby!. Neighborhoods: Oceana Complex Features: ,, Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected
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| Jun 19, 2015 | Sold | ||
| Sold | |||
| Dec 15, 2014 | Listed by Coldwell Banker Res Brokerage | $279,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017