40889 Treasure City Lane
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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 | |||
| Apr 2, 2021 | In contract | - | |
| In contract | |||
| Mar 27, 2021 | Listed | $330,000 | |
| Listed | |||
| | |||
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Amazing short sale opportunity in the highly desirable gated community of Sonora Wells. 3 bedrooms, 2 bathrooms. Sought after corner lot with plenty of privacy in the backyard. Popular open floor plan with formal entry, great room, stacked stone fireplace, granite kitchen counter tops, tile backsplash, stainless steel appliances. Main bedroom suite offers dual sinks, separate tub and shower with walk in closet. Large secondary bedroom. West facing Backyard with patio & fire pit. Home does need some cosmetic work and landscaping. Close to schools, dining and coffee shops, shopping, and golf. Great interior location within Sonora Wells. Just a short walk to the community pool, spa, barbecue area, playground and dog park. Low monthly HOA and located within the Imperial Irrigation District for lower electricity bills! The manager has listed the unit size as 1841 square feet.
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| May 6, 2015 | Sold | ||
| Sold | |||
| Dec 2, 2014 | Listed by Fathom Realty Group Inc. | $249,900 | |
| Listed by Fathom Realty Group Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017