48404 La Playa Street
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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 8, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by JM Desert Real Estate | $468,000 | |
| Listed by JM Desert Real Estate | |||
| | |||
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Updated modern home ready for move-in! Kitchen has many upgrades including, Quartz island, Grey granite countertops, subway tile backsplash, and updated cabinets and hardware. Luxury vinyl flooring throughout the home except for the bedrooms. Primary bedroom has walk-in closet as well as a connected primary's retreat room. This home has an open floor plan ready to entertain. Backyard patio with concrete and pergola with plenty of space for entertainment. Close to grocery stores, restaurants, and entertainment.
| |||
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2018 | Listed by RE/MAX Consultants | $289,000 | |
| Listed by RE/MAX Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017