457 Cerritos Way
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 19, 2022 | No longer available | - | |
| No longer available | |||
| Jul 20, 2022 | In contract | - | |
| In contract | |||
| Jul 6, 2022 | Listed by RE/MAX Consultants | $174,900 | |
| Listed by RE/MAX Consultants | |||
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Don't miss this beautifully updated home! The bamboo fencing creates a grand entrance and privacy for the secret garden like side yard that hides behind it. The very spacious interior has been enhanced with beautiful luxury vinyl flooring. The kitchen counters and the large island are topped with Corian glass and give a clean sleek look. The kitchen has tons of counter space, a glass tile backsplash, a 4- burner cook top on the large island, and a built in oven. Both bedrooms are spacious, one bath has a custom oversized mirror, while the other boasts a sunken tub and separate shower. Outside is a large tool shed with double doors on both sides to accommodate the golf cart. The exterior landscaping and patios have been designed and decorated with charm and for excellent privacy, while still taking advantage of the wide open southern views of the golf course and surrounding mountains. The manager has listed the unit size as 1440 square feet.
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| Apr 7, 2017 | Sold | ||
| Sold | |||
| Dec 8, 2016 | Listed by RE/MAX Consultants | $58,900 | |
| Listed by RE/MAX Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017