3842 Massachusetts Ave
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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 |
|---|---|---|---|
| Sep 26, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | Listed by Coldwell Banker Royal Realty | $475,000 | |
| Listed by Coldwell Banker Royal Realty | |||
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Fully upgraded turn key La Mesa Bungalow with a large usable yard with plenty of room and potential for an addition and/or ADU! Open floor plan with great spacious dual pane windows showcasing the Beautiful landscaping and community of La Mesa. Kitchen boast Granite counters with stainless steel appliances accented by dark Espresso cabinets, attached garage leads into the home and has ample space for toys! Newer roof with solar panels recently installed! Solar lease transferable to new buyer, subject to approval from solar company.. Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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| Dec 13, 2018 | Sold | ||
| Sold | |||
| Sep 27, 2018 | Listed by Coastal Premier Properties | $429,000 | |
| Listed by Coastal Premier Properties | |||
| Jun 3, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017