41 Wilshire Drive
About This Property
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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 19, 2015 | Sold | ||
| Sold | |||
| Dec 8, 2014 | Listed by Noble Properties, Inc. | $842,400 | |
| Listed by Noble Properties, Inc. | |||
| Nov 4, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2010 | Listed by Marc Cohen Real Estate | $1,700,000 | |
| Listed by Marc Cohen Real Estate | |||
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ATTENTION CAR COLLECTORS, HORSE LOVERS OR IN HOME BUSINESS. INCREDIBLE 2.5 ACRE ESTATE POPULARLY KNOWN AS THE GERBER COMPOUND. THE MAIN HOUSE HAS HAD MANY ADDITIONS. THERE IS ROOM FOR 30+ CARS PLUS 2 CLASS A MOTOR HOMES. HOBBY SHOP HAS HEAT AND BATHROOM. 6RM BASEMENT WITH FULL KITCHEN AND FULL BATH. GOURMET GRANITE KITCHEN WITH 5 BURNER COOKTOP AND DOUBLE THERMIDOR CONVECTION OVENS AND SUBZERO FRIDGE.HEATED POOL WITH WATERFALLS. DEEP ARTISIAN WELL FOR LAWN AND ALL OUTBUILDINGS. 400 AMP SERVICE.
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