496 Mary Lane
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 |
|---|---|---|---|
| Nov 14, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2019 | Listed by Allison James Estates & Homes | $245,000 | |
| Listed by Allison James Estates & Homes | |||
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Well maintained and upgraded single story home located on a corner lot in Hemet. Open concept floor plan with custom paint, new flooring in family room and kitchen (wood-like vinyl planks) and ceiling fans throughout. Stunning remodeled kitchen with beautiful stone counter tops, white cabinets, new appliances and a dine in kitchen. Two bedroom/two baths with newer carpet and floor plan has potential for third bedroom with room addition featuring it's own wall ac unit (could be used as a bedroom, office or ?). The Master bedroom features large mirrored closet and Master bathroom has a remodeled shower. Low maintenance front yard with chain link enclosure and large rear yard with not one but TWO patios- perfect for entertaining guests. Attached 2-car garage plus RV parking potential. No HOA and easy access to schools, freeways, shopping and entertainment. Seller will provide a 1 year warranty that includes appliances and AC.
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| May 15, 2017 | Sold | ||
| Sold | |||
| Apr 21, 2017 | Listed by Vogler Feigen Realty | $199,000 | |
| Listed by Vogler Feigen Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017