43854 Payne Avenue
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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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Exit Alliance Realty | $284,900 | |
| Listed by Exit Alliance Realty | |||
| | |||
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Beautiful turn-key manufactured home on a permanent foundation located in a desirable 55+ community with an incredibly low $50 per year HOA. This well-maintained single-story home offers 3 bedrooms and 2 bathrooms with approximately 1,538 sq ft of living space on a spacious 11,761 sq ft lot. Inside you'll find an open floor plan designed for comfortable living and entertaining, featuring a bright living area and a kitchen with a center island that provides additional workspace. The home also includes a dedicated laundry room and an oversized AC unit for year-round comfort.
The primary suite features its own private bathroom with dual sinks and a walk-in shower. Pride of ownership shows throughout this well cared for home. Step outside to enjoy the large backyard with fruit trees, a covered patio, and gorgeous mountain views, perfect for relaxing or entertaining. The detached 2-car garage offers great versatility and includes an additional craft room/workshop. A covered atrium walkway connects the garage to the home, adding convenience and charm. With its large lot, low-maintenance yard, scenic views, and quiet community setting, this property offers peaceful living with plenty of space to enjoy.
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| Mar 29, 2018 | Sold | ||
| Sold | |||
| Feb 21, 2018 | Listed by Century 21 McDaniel & Assoc. | $174,900 | |
| Listed by Century 21 McDaniel & Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017