507 LANTANA MESA
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 |
|---|---|---|---|
| Sep 30, 2015 | Sold | ||
| Sold | |||
| Feb 12, 2015 | Listed by Keller Williams Heritage | $449,000 | |
| Listed by Keller Williams Heritage | |||
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1 of a kind custom ranch style energy efficient home built in 2014. Abundant upgrades throughout (see assoc docs). 3/3/6 Home sits on 1 acre located in Lantana Ridge w/ spectacular hill country views from the 607 sf liana & from the windows on the back of the home. Open floor plan with large gourmet kitchen, dinette area & family room. Unique 30X40 garage that has 12' ceilings, 10' garage doors for the car, boat, RV or hobby enthusiast. 200 sf storage above garage via walk-up stairway. CAN DO FAST CLOSE
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| Jan 13, 2012 | Sold | ||
| Sold | |||
| Jul 27, 2011 | Listed by Keller Williams Hill Country | $49,900 | |
| Listed by Keller Williams Hill Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017