4169 Diamond Circle
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 |
|---|---|---|---|
| Jul 19, 2022 | No longer available | - | |
| No longer available | |||
| Jun 10, 2022 | In contract | - | |
| In contract | |||
| May 4, 2022 | Listed by Allison James Estates & Homes | $1,048,000 | |
| Listed by Allison James Estates & Homes | |||
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Variance granted 2-4 units. Residential neighborhood gem, and multi-unit little paradise. Perfect for multi-generational family compound, investment, or both (as it is being used now). As currently configured, there are 4 units. All are 1br, 1ba w/ high potential 6+ CAP RATE. Can easily be reconfigured for 3 units w/ one 2br, 2ba, and two 1br, 1ba. Quality finishes in all units w/ solid wood cabinetry, solid surface floors & countertops throughout. High-end appliances in all units. Common areas feature outdoor kitchen, fire-pit, fireplace, pizza oven, and water features. Gorgeous landscaping, 40’ walking arbor, numerous fruit trees, grapes, berries and more! No pictures of currently occupied Unit 1 or Unit 2 studio, but are they have been remodeled to the same quality as the other two units which are shown.
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| Jan 30, 2012 | Sold | ||
| Sold | |||
| Sep 29, 2011 | Listed by Prodigy Brokers, Inc | $209,900 | |
| Listed by Prodigy Brokers, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017