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44670 San Clemente Circle
About This Property
CLOSE TO SCHOOLS AND SHOPPING, WALKING DISTANCE TO THE FABULOUS SHOPPING DISTRICT ON EL PASEO. PROPERTY NEEDS REPAIRS HOWEVER THIS IS REFLECTED IN THE LIST PRICE. LOOK AT THE POTENTIAL SWEAT EQUITY HERE. CASH SALE ONLY.
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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 18, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by Tarbell, REALTORS | $199,900 | |
| Listed by Tarbell, REALTORS | |||
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About Palma Village Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017