4203 Simsburry Common
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 22, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $489,000 | |
| Listed | |||
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Investor special. This home is priced well for those looking for a fixer project. It has a great floorplan and is in a very good location inside the gated community of California Colony. The floorplan is 4 bedrooms with one bedroom and full bathroom downstairs. Large living room in entry with vaulted ceilings. Dining area off living room. Large kitchen with plenty of cabinets and counter space. Access to private back yard patio from living room and kitchen. Two car attached garage. Corner lot location. Very quiet, well maintained community. Close to shopping and freeway access. Hurry, It will sell quickly. The manager has listed the unit size as 1315 square feet.
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| Jun 4, 2018 | Listed by Coldwell Banker Beachside | $489,000 | |
| Listed by Coldwell Banker Beachside | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017