3981 Charles St
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 16, 2021 | In contract | - | |
| In contract | |||
| May 13, 2021 | Relisted | $650,000 | |
| Relisted | |||
| May 8, 2021 | In contract | - | |
| In contract | |||
| Apr 20, 2021 | Listed | $625,000 | |
| Listed | |||
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Welcome to your homesteading dream just moments from downtown and beaches! In the front you’re enamoured by the luscious foliage including three fruit trees. The home was updated in 2018 with an open concept kitchen/living room/dining room, new bathroom, wood-style vinyl flooring, carpet, plumbing, roof, light fixtures and 3 ceiling fans. Custom vinyl blinds give it a beautiful ambiance. Two mini-splits in the house and a mini split in the custom BONUS room in the backyard with an attached tool shed. The bonus room is fully equipped with electricity and connected to a beautiful outdoor living space that includes a BRAND NEW 8-person sauna. The outdoor space expands into a lovely pergola that is covered with passion fruit vines and a pomegranate tree in the center. Beyond the shaded lanai is a zero-scape yard that has drought-tolerant plants and a newly built greenhouse with a living soil vegetable garden. Both the front yard and greenhouse include auto-timer irrigation systems. The backyard has an extra-large parking space that is accessible through the alley. Bring your toys and make all your homesteading dreams come true! The manager has listed the unit size as 936 square feet.
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About La Mesa
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$1,650 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017