5111 Weymouth Way
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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 4, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by Cole Realty & Mortgage | $555,000 | |
| Listed by Cole Realty & Mortgage | |||
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"Pride of Ownership" lives here! Beautiful and highly updated home located in desirable 55+ gated community where you own the land! Prestigious Pilgrim Creek Estates is a 55+ Plus active gated community in Oceanside CA! Home boasts sizable living space and offers 3bdrm and 2 full baths. Open floor plan with modern textured walls, vaulted ceilings, white plantation shutters and dual pane windows. A BRAND NEW ROOF (asphalt fiberglass shingle) has just been installed providing remarkable value and benefit to the next owner! Multiple newer upgrades include: Gourmet kitchen with gas cooking, Custom kitchen cabinets with quartz countertops and backsplash, Custom cabinets and quartz countertop in Master Bath with spacious glass and tile shower enclosure, Recessed lighting and ceiling fans, New High efficiency HVAC System and exterior paint. Large Master bedroom Suite with spacious walk-in closet. Handy indoor laundry room with washer & dryer included. There is a large carport and a freestanding garage. Low maintenance yard with extra drainage and automatic controlled flow irrigation system. Large, covered patio to enjoy the ocean breezes and beautiful landscaping. Home qualifies for all types of financing--including VA lending and "reverse" mortgage programs. 433A permanent foundation has been installed. HOA fees include water, sewer and trash. Lots to do in this "active" community-- Events, pool, club house and exercise area. FREE RV PARKING provides additional value! Convenient to shopping, grocery and multiple golf courses! Short car ride to beaches and harbor, shopping mall, movie theatre and more! Everything has been done for you---you just need to move in and start your new Southern California lifestyle!
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| Mar 23, 2018 | Sold | ||
| Sold | |||
| Jan 4, 2018 | Listed by Berkshire Hathaway HomeService | $335,800 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017