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39897 High Street
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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 |
|---|---|---|---|
| Oct 1, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by COLDWELL BANKER RES. BROKERAGE | $298,900 | |
| Listed by COLDWELL BANKER RES. BROKERAGE | |||
| Jul 15, 2019 | No longer available | - | |
| No longer available | |||
| Apr 15, 2019 | Price Decreased |
$289,999
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jan 12, 2019 | Listed | $294,900 | |
| Listed | |||
| | |||
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PRICE REDUCTION!! THIS HOME IS ELIGIBLE FOR USDA 0% DOWN FINANCING!! Cute and cozy home with beautiful mountain views featuring 3 bedrooms and 1.5 baths in the desirable community of Cherry Valley. The kitchen has been fully remodeled with new cabinets, countertops, a beautiful farm sink, and lighted soft-closing drawers. The property has $15k in electrical updates including a new panel and has a detached two car garage with its own water heater for laundry. Off of the kitchen is a covered patio leading to the backyard which has a fenced off area perfect for a garden or pets with two sheds for additional storage! Close to shopping and schools in a low tax (NO MELLO-ROOS!), growing community, this really can be your own slice of real estate heaven. The manager has listed the unit size as 1370 square feet.
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About Cherry Valley
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$2,595 /mo
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$2,295 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017