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3928 Alameda Drive
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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.
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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 |
|---|---|---|---|
| Aug 26, 2013 | Sold | ||
| Sold | |||
| Jul 24, 2013 | Listed by Compass | $859,900 | |
| Listed by Compass | |||
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Welcome to this authentic Arts and Crafts Craftsman home on a wide, gently curving street in Inspiration Heights of North Mission Hills. Exuding the warmth, charm, and character that Mission Hills homes of the early 20th Century are famous for. Beginning with the welcoming front porch and wall of original windows, you transition inside to the graceful, open floor plan, box beam ceilings, period-perfect lighting, and original stained glass windows flanking the living room fireplace. See Supplement The kitchen boasts an O'Keefe and Merritt gas range. Gleaming hardwood floors and built in dining buffet add to the grace and charm of the period. Although the tax rolls say 1935, the owner has a Residential Building Record indicating that the home was originally constructed in 1913. This timeless beauty celebrates her 100th Birthday this year!! Many of the home's classic features remain in excellent and original condition, including the wood floors, trim, crown moldings, plate rails and built-ins, box beam ceilings, stained glass windows and leaded glass door detailing, two stately fireplaces, kitchen cabinets, and bathroom tile work. The home is single level throughout, with just a few steps leading up to the front porch and front door. Additional features include a spacious stand-up quarter basement, a cedar-lined closet in the master bedroom, and a formal entry foyer. Upgraded plumbing and new electrical throughout. Great south-facing back yard with covered deck and peek bay views. The neighborhood of Inspiration Heights is under review by the City for possible designation as a Historic District. If approved, this property has potential to be named a Contributing Resource, which offers substantial tax savings to the homeowner. The home is also a potential candidate for Mills Act designation. Buyer to satisfy self if the home fits these criteria. Don't miss this lovely home in a neighborhood rich with history and ripe with renovation!. Neighborhoods: North Mission H...
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| Jul 6, 2012 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Listed by Quality First Real Estate | $697,000 | |
| Listed by Quality First Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017