40 El Cajon #39
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Listed by Re/Max Premier Realty | $684,500 | |
| Listed by Re/Max Premier Realty | |||
| Dec 18, 2018 | No longer available | - | |
| No longer available | |||
| Dec 1, 2018 | Relisted | $699,900 | |
| Relisted | |||
| Nov 28, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2019
|
3 Bed
|
2 Bath
|
1601 ft²
|
$684,500
3 Bed
2 Bath
1601 ft²
|
$675,000
-1.39%
08/05/2019
|
Wendy Lin
Partners Real Estate Group
| |
|
09/06/2018
|
3 Bed
|
3 Bath
|
1601 ft²
|
-
3 Bed
3 Bath
1601 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017