40289 Clark Drive
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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 |
|---|---|---|---|
| Mar 22, 2022 | No longer available | - | |
| No longer available | |||
| Mar 2, 2022 | In contract | - | |
| In contract | |||
| Feb 24, 2022 | Listed by Redfin Corporation | $365,000 | |
| Listed by Redfin Corporation | |||
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A MUST SEE HOME in Hemet. The owner took pride in ownership into their own hands. Come check out this upgraded kitchen that shines with stone counters, subway tile backsplash, a slide-out spice rack, bright white cabinetry, and hardwood floors throughout. This home is move-in ready and features a new water main, large lot, and patio room off the kitchen for entertainment. Book your showing today! The manager has listed the unit size as 1446 square feet.
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| Dec 9, 2018 | No longer available | - | |
| No longer available | |||
| Aug 4, 2018 | Listed | $250,000 | |
| Listed | |||
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GREAT STARTER HOME WITH A AMAZING KITCHEN!! Upgraded Kitchen with marble counter top, state of the art double 6 shelve convection oven! 5 gas burner stove, stainless steal extra deep kitchen sink and all the appliances go with the sale. Which includes Washer , Dryer, and Stainless Fridge. If you love to cook , you will love this Kitchen! This home is a 2 bedroom 1 bath, with potential of 1 and half bath. Half bath was converted into a pantry but all the plumbing is still in tack and can easily be converted back. Original wood flooring all through the home. Kitchen flooring is wood looking porcelain tile. This home has new molding, LED lighting, New sprinklers in the back, Desert Landscape in the front yard with a water drip system for easy maintenance. Bedrooms have ceiling fans and the AC unit is a extra large AC unit only 4 years old, and this home also has a bonus room ( Sun Room ) Also has chicken coupe in the back . So much potential, and its close to all the amenities, stores and restaurants for your convenience! This home is a must come see! 1446 sqaure foot home on a 9583 square foot lot. Professional pictures to come soon ! For more information contact Yolanda Scurlock from Remax Horizon BRE 01811946 at 951-662-2030. The manager has listed the unit size as 1446 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017